Prestige Management Services has acquired an office building along with 10 acres of land in Ramsey, NJ for $16 million. The 175,438 sqf building located at 133 Williams Drive, traded for just over $91 per sqf. Originally constructed in 1980, it underwent extensive renovation work in 2012 and features 27-foot ceiling, 32 foot column spacing and parking for 245 vehicles. Prestige, the leading vehicle dealer network in the Tri-State Region, plans to utilize the entire building in the spring of 2018.
