Centerpoint at Bridgewater 1130 Route 22 East, Bridgewater, NJ

BRIDGEWATER, NJ—Allstate Insurance has leased the entire 63,000 square-foot building at CenterPointe I, 1130 Route 22 East in Bridgewater, NJ. The property and casualty insurer leased the building located within CenterPointe at Bridgewater's four-building, 331,846-square-foot, Class A office park. Jones Lang LaSalle brokered the transaction for the property owner, American Real Estate Partners.

American Real Estate Partners was represented by Susan Mason, executive vice president; Robert Ryan, senior vice president; and John Buckley, senior vice president, all with JLL, who worked closely with Michael Gribbon, principal and managing executive director, American Real Estate Partners. Allstate was represented by Edward DaCosta, executive vice president, and John Morris III, first vice president, CBRE.

CenterPointe at Bridgewater is an exceptional headquarters location that offers unparalleled value to tenants,” says Mason. “American Real Estate Partners recently completed a major capital improvement campaign at CenterPointe I that presented Allstate with a fresh new slate at the building to enhance its new design criteria, and affords the insurer a unique branding opportunity. The owner successfully repositioned the corporate park within 18 months of acquiring the property.”

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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].