685 Route 202/206 in Bridgewater — Courtesy: Cushman & Wakefield
By Joshua Burd
A technology firm has leased 24,000 square feet at a newly updated office building in Bridgewater, the largest among three recent transactions announced by Cushman & Wakefield.
Representing the landlord, Kushner Real Estate Group, the real estate services firm touted the lease at 685 Route 202/206 by C Technologies Inc. The tenant, a designer and manufacturer of fiber optic assemblies, instrumentation and systems, will maintain its headquarters at the 140,000-square-foot property.
C&W also announced a lease of more than 18,000 square feet by LightSpeed LLC, which provides litigation support services and technical expertise to law firms nationwide. Meantime, international medical device manufacturer Nipro Medical Corp. took 6,000 square feet for its demonstration, training and customer service operations
The C&W team of William O’Keefe, Raymond Trevisan, Charles Parmelli and Jackie Madden led the leasing effort on behalf of KRE Group, touting the building’s recent upgrades. The improvements include a renovation of the sky-lit atrium lobby, which brightened the space and added comfortable collaborative workspaces and furniture for occupants with free Wi-Fi and charging stations.
“KRE Group has a deep portfolio in this marketplace and is in-tune to the marketplace, which has given the real estate investment and management company an in-depth understanding of the necessities required to succeed and thrive in today’s corporate environment,” O’Keefe said. “This newly modernized property accommodates the high-tech nature of businesses in an open, comfortable setting that is also easily accessible to the area’s many great dining, shopping and entertainment options.”
The recent commitments total more than 48,000 square feet, coming on the heels of the lease expiration and relocation of Samsung Mobile, C&W said. The building benefits from its visibility from Interstate 287 and its proximity to Interstate 78 and Route 22, along with an existing cafeteria, indoor and outdoor community spaces and free shared conferencing facilities.
John Osborne of Bergman Realty represented Nipro as the tenant broker.
“Nipro needed a multi-functional space to serve the needs of their renal products group which could not be accommodated in their current location,” Parmelli said.