Mountain Development Corp. (MDC) has acquired 41 Spring St., a 170,000-square-foot single-story office property in New Providence, NJ.

“This is a high-quality office building that has been upgraded with a host of state-of-the-art amenities. There is very little office product available of this caliber within this marketplace today,” said Geoffrey Schubert, senior vice president for CBRE, which represented both the buyer and the seller in the transaction.

CBRE currently is marketing the building’s remaining 30,000 square feet of space.

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