A joint venture has completed its multimillion-dollar plan to convert a former powerhouse structure into a standalone amenities center at a 525,000-square-foot business park in Hanover.
Fresh off the opening of MetLife Investments’ gleaming new headquarters in Hanover, the state-of-the-art office building has a new owner. For the sellers of the 185,000-square-foot property, it’s the conclusion to one of New Jersey’s biggest redevelopment stories in recent years.
Bayer Healthcare has acquired 86 acres of undeveloped land alongside its East Coast headquarters in Hanover, in a sign the pharmaceutical giant may be primed to expand its footprint at the three-year-old campus.
