Accordia Acquired 305 West Grand Avenue, Montvale, NJ in October 2009. It represents the third deal for Accordia in Montvale.

305 is a 27,000 s.f., single story office building. It’s location is unsurpassed within the market. It has high visibility located adjacent to the Garden State Parkway at the end of the ramp for exit 172 – and directly across the street from the US headquarters for Mercedes Benz.

The former headquarters for United Jersey Water company, the building had been completely upgraded and modernized and converted to a multi-tenanted Medical/Professional building. In addition to its attractive modern styling and location, the property now has parking ratio of nearly 5 per thousand. This parking, which is unusually high for the area, makes the property ideal for medical tenants.

With the lease of nearly 7,500 s.f., Montvale Health Associates, is the first medical use at the property.