MetLife leases 181,000 sq. ft. at Warren campus owned by Vision, Rubenstein

Insurance giant MetLife is headed to Warren Corporate Center in Somerset County, where it will lease nearly 181,000 square feet of office space alongside several other blue-chip tenants.

JLL: Vision sells Orange County tract slated for 835,000 sq. ft. logistics campus to CHD

Vision Real Estate Partners has sold a 92-acre industrial development site in New York’s Orange County, some 20 miles from the Bergen County border, in a deal arranged by JLL.

Regeneron takes 127,000 sq. ft. at Vision’s Warren Corporate Center

Regeneron Pharmaceuticals Inc. has leased nearly 127,000 square feet at the sprawling Warren Corporate Center campus, with plans to relocate from another location just off Interstate 78

Vision sells standalone Acme property in Saddle Brook for $16 million, JLL says

Vision Real Estate Partners has sold a nearly 63,000-square-foot grocery store property in Saddle Brook for $16.1 million, brokers with JLL announced Tuesday.

Owners Council Q&A: Sam Morreale

The market is greatly divided today between corporations that are making major investments in new facilities to attract and retain employees in a still-to-be-determined “back to work” versus “hybrid employment” environment. The remaining part of the market is indecision of corporations on utilization of their current office footprints versus the potential of downsizing due to a work at home component. Decisions also need to be made for improvements on an existing facility, whether it be to potentially right-size or relocate to a more modern and amenitized facility consistent with the employer leaders mentioned earlier.

On the job

As you’ll read in this month’s cover story, veteran planner and public policy expert Dan Kennedy has a full plate of advocacy issues ranging from flood hazard and stormwater regulations to infrastructure and stranded assets. Fortunately, he brings nearly two decades of experience that includes key roles in state government and six years with the Utility and Transportation Contractors Association of New Jersey.

Gilead’s new Parsippany office is a hub of collaboration and comfort — with a purpose

Gilead Sciences has opened its new 96,000-square-foot East Coast hub at Parsippany’s Latitude campus, touting a space that will foster innovation and creativity while helping employees transition back to the office.

Partnerships, collaboration in focus as NAIOP gala honors CRE leaders and deals of the year

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.

Demand for lab, R&D space in New Jersey still surging as developers hunt for new supply

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.

Experts: Office conversions offer potential for supply-starved lab users, despite challenges

A biopharmaceutical firm’s plan to create a high-profile laboratory and headquarters space at a Warren office campus could be a sign of things to come in the state’s undersupplied life sciences market — despite the complexity of such a project and the challenges in finding a match.