Binswanger named agent by Ascena for office complex in Mahwah

By Emily Bader
Mahwah | Jan 29, 2020 at 9:48 am

Binswanger announced on Monday it has been selected to represent Ascena Retail Group in the sale of a office complex on 20 acres in Mahwah.

The 195,212-square-foot property, located at 933 MacArthur Blvd., features two main buildings connected by an internal passage. The larger building is a three-story office with 144,700 square feet. The second is a three-story, 49,388-square-foot office built in 2014.

“The property is easily one of the most modern and well-appointed offices in the entire Northeast,” Chris Pennington, partner and senior vice president, Binswanger, said. “It is ideally suited as an office headquarters for a company looking to take advantage of the area’s highly educated labor pool and be near Manhattan at a fraction of its cost.”

Both buildings are currently occupied by a fashion company. Amenities include ample meeting spaces, open floor plans, private offices, collaborative areas, a cafeteria, a fitness center, an outdoor patio, and more.

The property is within close access to Exit 66 off Interstate 287, multiple entry points onto the Garden State Parkway and Route 17.

Emily Bader | | @emilybader