realestate

Real Estate Firm Buys 423-Unit NJ Luxury Apartments on Old Office Park

Apartments occupy the former office park site off I‑280, roughly 16 miles west of Midtown Manhattan.

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tonehill at West Orange, a 423‑unit luxury apartment complex designed by Minno & Wasko Architects, now opens for lease in West Orange, New Jersey. The development transforms a former office park on Interstate 280, 16 miles west of Midtown Manhattan, into a ridgetop community that blends seamlessly with the surrounding landscape.

    Sentinel Real Estate Corp. has purchased the property, with Cole Schotz representing Sentinel. The deal required township approval because the site operates under a Payment in Lieu of Taxes agreement. Schotz managed the complex due diligence, secured municipal consent, coordinated title review, consulted local counsel on lease and affordable‑housing matters, addressed employment issues for on‑site staff, and structured a reverse 1031 exchange.

    The three‑building complex at 1000 Executive Drive offers one‑ to three‑bedroom units featuring wine refrigerators, built‑in desks, frameless shower doors, and private outdoor spaces. Residents enjoy more than 44,000 sq ft of indoor and outdoor amenities, including two fitness centers, multiple co‑working areas, lounges, coffee bars, and concierge services. Parking includes 816 spaces, some with electric‑vehicle charging and direct garage access.

    The site is surrounded by a new public library, dog park, and walkable access to shopping, dining, and entertainment. Rental rates begin in the $2,400s, with premium units offering additional den space and private outdoor areas.

Real estate firm purchases 423-unit luxury apartments at Old Office Park, NJ.