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.
PTC Therapeutics has leased 360,000 square feet for a new corporate headquarters in Warren, in a deal that marks one of New Jersey’s largest office leases of the past decade.
The United Way of Northern New Jersey hosted its annual fundraiser with the commercial real estate industry, which featured an interview with media icon Steve Forbes and the presentation of its Impact Award to one of the state’s most high-profile office deals of 2019.
As hiring and human resources decisions drive corporate real estate selection more than ever, New Jersey developers are responding by designing spaces and amenities that meet those needs, while expanding their focus on the labor markets around their project sites.
A global reinsurance company has leased 315,000 square feet at a sprawling office park in Warren, following a highly touted overhaul of the campus that includes a new upscale amenity building.
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.
For some tenants at The Crossings at Jefferson Park, the biking and walking trails that weave through the Whippany office campus have become a modern-day meeting space, as have the food court and lounges inside the property’s new amenity center. That’s according to executives with Vision Real Estate Partners, who are now looking to replicate and build on that success at another suburban office campus in New Jersey.