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Woodcliff Lake Office Building Sells for $9.8 Million Amid Suburban Office Market Shifts

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the staff of the Ridgewood blog

Woodcliff Lake NJ, in a move that may defy the growing trend of companies moving away from suburban office spaces, an office building in the affluent suburb of Woodcliff Lake has been sold for $9.8 million. The sale marks a nearly 19% increase in value compared to its 2014 sale price of $8.25 million, signaling some resilience in suburban commercial real estate.

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