MOUNTAIN LAKES, NJ–With 315,000 square feet in leasing during the first half of 2015, Vision Real Estate Partners says it is seeing strong demand within its northern New Jersey office portfolio. The activity reflects acceleration within the regional real estate market, according to Sam Morreale, founder and managing partner of the Mountain Lakes-based firm.
Vision Real Estate Partners' year-to-date transactional highlights included a 185,000-square-foot build-to-suit lease for MetLife at 67 Whippany Road in Whippany and a 51,210-square-foot commitment by Arthur J. Gallagher & Co. at The Crossings at Jefferson Park in Whippany.
As previously reported by GlobeSt.com, additional transactions included new leases by EuroImmun and Sloan & Company at Mountain Lakes Corporate Center in Mountain Lakes; and a new lease and renewal, respectively, by ADC Therapeutics and Fisher & Phillips at Mountain Heights Corporate Center in Berkeley Heights.
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