Commercial real estate leaders turned out Thursday for NAIOP New Jersey’s annual gala, where the chapter honored five key figures and unveiled its coveted Deal of the Year winners.
Turnkey, high-end life sciences space remains in high demand in New Jersey, creating an opportunity for owners of the state’s few remaining legacy pharmaceutical campuses or those that can find other ways to create new space without building speculatively.
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.
Office tenants continued their flight to new and improved spaces as 2019 came to a close, furthering the case for landlords to upgrade or redevelop New Jersey’s aging stock of buildings.
A flurry of blockbuster leases propelled New Jersey’s office market in the third quarter, fueling positive momentum despite a handful of high-profile space dispositions.
Vision Real Estate Partners recently welcomed a group of young commercial real estate leaders to its new 20,000-square-foot amenity center at Warren Corporate Center in Warren, where NAIOP New Jersey held its latest “Evening with a Legend” dinner event.
Top brokers and other New Jersey commercial real estate leaders turned out last week as Vision Real Estate Partners debuted its new standalone, 19,000-square-foot amenity building at the Warren Corporate Center campus off Interstate 78.
Vision Real Estate Partners is ramping up the next phase of its pipeline in New Jersey, relying on its “assembly line mentality” and the mix of creativity and capital that has allowed it to thrive with high-profile redevelopment projects in recent years.
Vision Real Estate Partners has completed the first phase of improvements at a Whippany office park, following its sale of the campus last year to Barclays Capital.
