BRIDGEWATER, NJ—Wireless technologies and mobile data solutions company Qualcomm has renewed its lease for 125,472 square feet at SJP Properties' Somerset Corporate Center V, a class A office building situated within SJP's master-planned Somerset Corporate Center business complex in Bridgewater, NJ.
Qualcomm relocated to Somerset Corporate Center in 2007. The company represented itself in its recent lease renewal, while SJP Properties was represented in-house. The deal comes on the heels of SJP's announcement earlier this month that data solutions firm iconectiv had signed a new lease for 115,000 square feet at Somerset Corporate Center I.
“Qualcomm's decision to recommit for the long-term at Somerset Corporate Center is further validation of this property's ability to meet the advanced infrastructure needs of leading technology companies,” says Steven J. Pozycki, founder and CEO of SJP Properties. “In fact, Qualcomm has been using Somerset Corporate Center to test its various cell phone technologies, underscoring the superior environment we have created here.”
Located within one of the country's strongest labor pools, Somerset Corporate Center comprises five existing class A buildings totaling 1.5 million square feet that are situated around a 15-acre landscaped central park. SJP Properties is also planning a free-standing, full-service fitness facility, as well as a 130-room full-service hotel and restaurant within the center.
In addition to Qualcomm and iconectiv, a number of leading-edge global companies have located in the complex, including Linde Americas, Mazda, Kering Eyewear, Allergan, Cognizant Technologies, Aon Hewitt and Merrill Lynch.
One of SJP's signature developments, Somerset Corporate Center is near both Newark International Airport and New York City, and is situated directly across from the nearly one million-square-foot Bridgewater Commons Mall – the second largest mall in New Jersey.
BRIDGEWATER, NJ—Wireless technologies and mobile data solutions company Qualcomm has renewed its lease for 125,472 square feet at SJP Properties' Somerset Corporate Center V, a class A office building situated within SJP's master-planned Somerset Corporate Center business complex in Bridgewater, NJ.
Qualcomm relocated to Somerset Corporate Center in 2007. The company represented itself in its recent lease renewal, while SJP Properties was represented in-house. The deal comes on the heels of SJP's announcement earlier this month that data solutions firm iconectiv had signed a new lease for 115,000 square feet at Somerset Corporate Center I.
“Qualcomm's decision to recommit for the long-term at Somerset Corporate Center is further validation of this property's ability to meet the advanced infrastructure needs of leading technology companies,” says Steven J. Pozycki, founder and CEO of SJP Properties. “In fact, Qualcomm has been using Somerset Corporate Center to test its various cell phone technologies, underscoring the superior environment we have created here.”
Located within one of the country's strongest labor pools, Somerset Corporate Center comprises five existing class A buildings totaling 1.5 million square feet that are situated around a 15-acre landscaped central park. SJP Properties is also planning a free-standing, full-service fitness facility, as well as a 130-room full-service hotel and restaurant within the center.
In addition to Qualcomm and iconectiv, a number of leading-edge global companies have located in the complex, including Linde Americas, Mazda, Kering Eyewear, Allergan, Cognizant Technologies, Aon Hewitt and
One of SJP's signature developments, Somerset Corporate Center is near both Newark International Airport and
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
