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.
The owner of more than 181,000 square feet of high-end lab and office space in Warren has tapped JLL to sell the property, the longtime home of a major pharmaceutical company.
Life sciences companies accounted for nearly a third of all leases signed in New Jersey last year, showing the industry’s continued role in the state’s changing commercial real estate market.
Accordia has reacquired a medical office campus in Warren that it sold nearly a decade ago, with plans to complete a major update of the 57,000-square-foot property off Interstate 78.
Accordia is entering a new phase as a developer, investor and asset manager, with high-profile additions to its team, a revamped business plan and several major projects on the horizon.
Signature Acquisitions has added to its New Jersey office holdings with its purchase of a more than 207,000-square-foot property in Warren, in a deal arranged by Cushman & Wakefield.
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
Property management firm RHO Residential is seeing its best year of growth as it marks the fifth anniversary of its founding, as it looks to execute leasing at five new North Jersey apartment properties totaling more than 600 units by midyear.
PS&S is marking another major expansion of its engineering and design platforms and its geographic footprint after acquiring two firms based in southern New Jersey.
