The New York Red Bulls have tapped Gensler as its lead architect for a long-awaited new training complex in Morris Township, where plans call for redeveloping a large piece of the former Honeywell International headquarters property.
The northern New Jersey office market continued to weaken in the first quarter, with large availabilities mounting as companies shed excess space and continue to work remotely.
A division of Rubenstein Partners LP has closed $57 million in financing to the buyer of the 465,000-square-foot former Honeywell International building in Morris Plains.
Honeywell International has offloaded its 465,000-square-foot former headquarters building in Morris Plains, selling the property to a Manhattan-based investment firm.
A joint venture led by Vision Real Estate Partners has acquired a 64-acre swath of the former Honeywell International headquarters site in Morris Township, paving the way for a redevelopment plan that could produce more than 700,000 square feet of new office space.