For all the appeal of the five modern, institutional-grade office and R&D buildings that were left standing on the former Roche campus, there is still work to be done. In fact, Prism Capital Partners is planning a multimillion-dollar renovation at three of the buildings.
The planned Seton Hall-Hackensack Meridian School of Medicine is undoubtedly driving much of the interest at the former Roche campus. But it’s certainly not the only attraction.
It was New Jersey’s largest industrial lease of the fourth quarter — and it was a fitting end to the year for a market that has been fueled by e-commerce tenants and big box construction. But the commitment by Modway Furniture was every bit as notable for its location as it was for its size.
It was a 27-acre land sale last September that gave way to one of East Windsor’s newest industrial projects, but it wasn’t the first time the property had changed hands.
Transwestern, which is now marking five years since it officially opened in New Jersey, has since become a player in the state’s office, industrial and retail sectors. It has seen its annual transaction volume double since 2012 — while its property management portfolio has grown during that time to 4 million square feet from 485,000 square feet — with a platform that offers more than just brokerage services.
Designed by NK Architects, the New York Blood Center demonstrates how bringing natural daylight into an interior can enhance the workplace environment. — Courtesy: NK Architects By Ben P. Lee Understanding market trends is a key of successful real estate…
How developers and local leaders can respond to changes in business, demographics By Michael G. McGuinness Economic, industry and demographic trends are changing the way business is done in New Jersey — and impacting the strategies of investors, developers and…
I cannot tell you how pleased I am that we are able to bring you this magazine focused on New Jersey commercial real estate. I wanted to give Josh Burd, our editor, the opportunity in the first issue to introduce himself to all of you. Now it is time for you to meet the publisher.
A decision by State Farm Insurance to vacate 300 Kimball Drive in Parsippany was not just an opportunity for Transwestern’s New Jersey team in 2012. It provided a roadmap for other landlords, investors and brokers to create new value within the state’s glut of suburban office stock.
As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.