JLL inks acquisition loan for 104,000 sq. ft. office complex in Somerset County

A joint venture has secured financing for its acquisition of a two-building, 104,202-square-foot office complex in Somerset County, brokers with JLL announced Thursday.

Biopharma firm moving U.S. headquarters out of New Jersey

French biopharmaceutical firm Ipsen is moving its U.S headquarters out of New Jersey and into Massachusetts, although it said it still plans to maintain a presence in the Garden State.

Onyx, Rubenstein sell repositioned Basking Ridge building for $98.5 million

A joint venture has sold a 306,000-square-foot office building in Somerset County for nearly $100 million, following a sweeping renovation that modernized the 40-year-old property and attracted a global pharmaceutical company as a headquarters tenant.

Value drivers: How Onyx became a top player in New Jersey real estate

John Saraceno Jr. (left) and Jonathan Schultz, co-founders and managing principals of Onyx Equities LLC, have helped grow the company into one of the state’s top private value-add investment firms in New Jersey since its founding in 2004. — Photo…

C&W: Leasing continues at upgraded office park

A Basking Ridge office park has inked more than 100,000 square feet in new leases and renewals recently, the latest activity at the 527,000-square-foot complex since a change in ownership and an ongoing series of upgrades.

CBRE: Upgrades coming to Basking Ridge buildings after $9.6M sale

An investment firm will reposition two Basking Ridge office buildings after acquiring them from Mack-Cali Realty Corp., CBRE said Thursday after brokering the sale of the properties.