WARREN, NJ-Verizon Wireless has extended its 75,800-square-foot lease at 20 Independence Blvd. here. Owned by Morristown, NJ-based Normandy Real Estate Partners, 20 Independence is a four-story, 120,753-square-foot office asset in the Somerset Hills Corporate Center and is 97% occupied.
“Having a blue chip tenant such as Verizon Wireless extend their lease at this class A property is a reflection of our ability to be competitive in this environment and attract best-in-breed companies,” says William O'Keefe, vice president of Normandy Real Estate Partners.
Located near Interstates 78, 287 and 80, the building was renovated in recent years. Cushman & Wakefield represented Verizon Wireless; CB Richard Ellis represented Normandy.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
