PARSIPPANY, NJ-Colliers International has arranged a long-term, 55,775-square-foot lease for Public Service Electric & Gas Co. (PSE&G) in South Plainfield, NJ. The company plans to relocate operations to Middlesex County from a facility at 200 Boyden Ave. in Maplewood, Essex County. It will use the new space at 287 Executive Plaza, 40 Cragwood Rd. in South Plainfield, for training facilities and as a testing lab.

PSE&G is New Jersey’s largest electric and gas utility. A publicly traded diversified energy company with annual revenues of more than $12 billion, it has its headquarters in Newark.

“PSE&G is an integral part of New Jersey, both in serving millions of residents and as a significant employer,” Bryn Cinque, an executive managing director of Colliers International New Jersey, tells GlobeSt.com. “It was vital for PSE&G to move into larger space that can accommodate their operational needs as a training facility and testing lab, as well as house their staff.”

The landlord, Normandy Real Estate Partners, was represented by Warren Searles of Cassidy Turley in the transaction.

Located on 20 landscaped acres, 287 Executive Plaza has interior garden atriums and vaulted windows in executive offices. The building sits close to Route 1, the New Jersey Turnpike and the Garden State Parkway.

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