Investment adviser extends 40,000 sq. ft. lease in Bridgewater

Dec 1, 2022 | Deals, Office

Bridgewater Crossing at 200-400 Crossing Blvd. in Bridgewater — Courtesy: Avison Young

By Joshua Burd

A financial services firm that occupies more than 40,000 square feet of office space in Bridgewater has extended its lease, according to a broker with Avison Young.

The deal by Harding Loevner, which leases a full floor at 400 Crossing Blvd., is the result of ownership’s move to renovate the campus known as Bridgewater Crossing, according to a news release. Avison Young Principal William McCaffrey represented the landlord, Alexander Property Holdings, in the 40,110-square-foot deal, while JLL represented the tenant.

“Across New Jersey, tenants are seeking high-quality space to attract their employees back in person as the return to office efforts continue,” McCaffrey said. “At Bridgewater Crossing, Alexander Property Holdings has been upgrading their already fantastic buildings, and we’ve enjoyed a long history of providing the type of quality that tenants, like Harding Loenver, are seeking in trophy properties.”

In a news release, AY noted that Bridgewater Crossing spans 600,000 square feet across two buildings, providing tenants with access to nearby thoroughfares, retail centers and hotels. On-site amenities at the campus include a cafeteria, a fitness center and a conference center.

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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