Opportunity to Meet Key Members of New Ownership, Preview Space and Amenities of Newly Acquired Class A Office Building

WHO: The management from Mountain Development Corp., a full-service real estate company with over 30 years of experience developing, acquiring, constructing, repositioning, managing, leasing and operating commercial property.

WHAT: Are available at 41 Spring Street’s Open House Lunch for print, web and broadcast interviews.

WHERE: At the property of 41 Spring Street, in New Providence, NJ

WHEN: On Wednesday, June 28, 2017, From 11:30 a.m. – 1:30 p.m.

WHY: 41 Spring Street, a Class A Office Building, is newly acquired by MDC. The open house provides the opportunity to become acquainted with MDC management, preview the available commercial space and renovated amenities.

SIGNIFICANCE: Commercial real estate is thriving in suburban settings in close proximity to major highways and mass transit. New Providence is a hub for diversified industries and its top-ranked school system and charming residential districts are a magnet for talented professional families. The Borough is home to such prominent businesses as telecom giant Nokia/Bell Labs; publishing leader Lexis/Nexis and the federally-certified organ procurement charity, NJ Sharing Network. The acquisition reflects the continued strategic plan of MDC to expand its portfolio with a broad range of opportunistic and value-added real estate investments capable of generating attractive, risk adjusted returns for both its principals and equity partners.