Thor Equities Group is eyeing plans to reposition a historic building in Jersey City into research and laboratory space, following its recent acquisition of the nearly 340,000-square-foot property.
SJP Properties has promoted two executives to key leadership posts, seeking to position the firm for continued growth as a developer and as a provider of third-party services.
SJP Properties has acquired a 270,000-square-foot office building in Woodbridge, where it’s now planning an extensive renovation aimed at creating an environment for high-end tenants.
Deloitte LLP has agreed to lease 110,000 square feet in downtown Morristown, where it’s slated to anchor a high-profile redevelopment proposed by SJP Properties and Scotto Properties.
Technology giant Oracle is relocating to SJP Properties’ five-building, 1.2 million-square-foot office campus in Bridgewater, where it’s leasing 17,000 square feet for a local field office.
SJP Properties has hired a veteran property manager to support its growing line of construction services and other third-party offerings.
A design and marketing firm with a growing real estate practice has expanded its capabilities with a newly completed merger.
Splendor Design Group will celebrate its 20th anniversary in business in August — and it has grown in recent years thanks in large part to the commercial real estate sector. Five years ago, Taylor said, real estate companies accounted for 20 percent of its total clientele. Today, 60 percent of its customer roster comes from commercial real estate — with clients including SJP Properties, Onyx Equities, Langan and J&L Cos. Those clients have turned to Splendor Design for a major injection of energy into their branding and marketing efforts.
SJP Properties is touting a leasing milestone at the second of two 47-story residential towers in Fort Lee, part of a high-profile redevelopment at the foot of the George Washington Bridge.
As developers continue to invest in downtown Newark, the city is attracting both new residents and businesses. That makes it all the more important to create amenities and spaces that will bring permanent foot traffic during the day and at night, which has become a growing focus for both public- and private-sector leaders in the state’s largest city.