A real estate firm focused on large retail properties has acquired Bridgewater Commons, with plans to create a vibrant, mixed-use destination around the 1.2 million-square-foot mall.
A salon studio business is expanding in New Jersey with a new 12,000-square-foot lease at a Bridgewater shopping center, according to a team with Levin Management Corp.
Pharmaceutical giant Sanofi is moving its New Jersey team to Morristown, where it will occupy 260,000 square feet of new ground-up office space built by SJP Properties and Scotto Properties.
A facility serving individuals with developmental and related disabilities has leased 6,000 square feet along Route 22 in Bridgewater, according to Deluccia Commercial Group.
A firm that recently sold a five-building industrial complex in Bridgewater has acquired a retail center in the Southeast as part of a Section 1031 like-kind exchange.
Treetop Development has acquired three properties in Bridgewater for $27 million, adding a medical office building and two adjacent lots that it hopes to develop as industrial space.
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.
From leasing to new construction, pharmaceutical and life sciences firms remained a leading force in New Jersey’s commercial real estate market through the first three quarters of 2022.
Market experts say large, high-profile office deals are likely still to come in New Jersey, despite the push for hybrid schedules and lingering questions about the return to work.
