CBRE has been appointed the exclusive leasing agent at 3 Giralda Farms — the vacant, 141,000-square-foot Class A office building in Madison that is slated for a complete overhaul and modernization.
The building is scheduled to undergo a multimillion-dollar capital improvement campaign that will include a new lobby, gym, café with an adjacent outdoor patio, additional parking and outdoor amenities, including walking trails, seating and a recreational activities area. The entire building is available for lease, divisible to 10,000 square feet.
The property is a joint venture ownership between Pentaurus and Lord Fisher Capital, private real estate investment and management companies with a combined ownership of over $220 million in real estate assets and a 30-year track record of repositioning properties.
Lord Fisher Capital President Brandon Rolnick said his group is updating the property with a nod to its history.
“3 Giralda Farms was built to honor the rich, elegant history of the Geraldine Rockefeller Dodge estate, which once sat here,” he said. “We’re looking to recapture that grandeur and reimagine it in the context of a 21st century office environment, where the needs of both employee and employer are met in a fully updated and upgraded facility.
“We’re targeting the health and well-being of body and mind to bring about the perfect work environment where focus and creativity thrive.”
A CBRE team of Ronald Volk, Jonathan Meisel, Jon Williams, Peter Shikar and Mike Neiliwodski will lead the leasing campaign.
“Located within the prestigious Giralda Farms gated community, this Class A office property features a bucolic setting with walking paths and 22 acres of open space,” Volk said. “Ample covered parking, three-story glass lobbies, a stadium-style conference center/training room and outdoor terraces are some of the features that make 3 Giralda Farms a perfect corporate headquarters location.”
The office property’s location offers tenants immediate access to downtown Madison and is just minutes from downtown Morristown.