SJP Properties and Life Time, the national fitness operator, have unveiled plans for what they say will be a first-of-its-kind health and entertainment complex at a Bridgewater office campus.
SJP Properties has sold a parcel within its five-building office campus in Bridgewater, paving the way for the development of a new high-end Marriott hotel and Zinburger Wine & Burger Bar.
Brokers with HFF have secured $9.3 million in financing for the developer of a recently completed and now fully leased apartment complex in Bridgewater.
SJP Properties has teamed with a growing real estate investment firm to recapitalize a portion of Somerset Corporate Center, its 1.2 million-square-foot, Class A office campus in Bridgewater.
State officials have approved tax credits meant to help three pharmaceutical firms grow the industry’s footprint in New Jersey, while also dangling a nearly $40 million incentive to keep a global life sciences giant from pulling its U.S. headquarters out of the state.
A pharmaceutical firm has more than tripled its footprint at a sprawling life sciences campus in Bridgewater, where it has signed a new lease for 18,072 square feet.
A private investor has paid more than $4 million to acquire a 14,700-square-foot retail center in Bridgewater, in a deal brokered by Marcus & Millichap.
Investors have acquired a 95,620-square-foot office building in Somerset County that is fully leased to a national bank and a regional health care provider, according to HFF.
The commercial space at a sprawling redevelopment site in Bridgewater is now 80 percent leased, following two new deals and growth by existing tenants in the life sciences sector.
Several of New Jersey’s largest, most prominent life sciences complexes are now on the path toward redevelopment, with new anchor tenants in place or new owners that can reclaim the value of what was left behind.
In the most high-profile cases, a team at JLL has been right in the thick of it.
