30,000 FT2

Total Property Size

Operational

Status

Mixed Use

Use

Bloomfield, NJ

Location of Property

Overview

CHA acquired 440 Franklin Street in a sale-leaseback transaction with The Provident Bank, the then-sole occupant of the building. Upon its acquisition, CHA right-sized Provident Bank to the retail space only, and constructed a new lobby and elevator/stair tower to accommodate new upper floor, multi-tenanted office suites. Today, 440 Franklin Street is over 90% leased to a diverse mix of high-quality commercial, professional office and non-profit tenants. 

 

Building highlights include

 

  • Central Business District
  • Proximate to the Bloomfield Train Station (30 minutes to/from NY Penn)
  • Easy access to major roadways
  • Retail includes Provident Bank

 

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