MORRIS TOWNSHIP, NJ—In a strategic play that will make available some 715,000 square feet of build-to-suit corporate headquarters opportunities, Vision Real Estate Partners and a partner firm have acquired 64 acres of the former Honeywell headquarters campus on Columbia Road (Route 510) in Morris Township.
Approved for office, research and laboratory development, the Columbia Road property offers proximity to downtown Morristown, the Morristown and Convent Station train stations, Morristown Jetport, and major regional thoroughfares.
“In terms of location, this site offers everything today's corporate tenants want: access to vibrant downtown amenities; rich mass transit infrastructure; and a deep, highly educated labor pool of experienced professionals in tech, pharma and other key growth industries,” says Vision Real Estate Partners' Ross Chomik, managing partner. “From a development perspective, tenants will benefit from the involvement of two highly experienced, high-profile real estate organizations with deep roots in New Jersey's suburban markets.”
Vision Real Estate Partners has a strong track record of accommodating the needs of major corporate space users in the Garden State. The company previously has spearheaded headquarters build-to-suit projects for Bayer Healthcare, MetLife, Cadbury Schweppes and Evonik Degussa Corporation in the immediate market.
The Columbia Road campus will serve as a benchmark for custom, state-of-the-art workplaces focused on promoting collaboration and sustainability.
“This is not just a development opportunity—it is the development opportunity,” says Sam Morreale, Vision's founder and managing partner. “Fortune 500 companies looking to build the type of experiential workplaces that attracts today's Millennial and Generation Z professionals need look no further.”
Morreale noted the Columbia Road campus enables the delivery of LEED- and WELL- designed, technologically advanced buildings incorporating every imaginable lifestyle amenity, along with redundant power and structured parking.
“This is the right site and the right development partnership,” he says. “In short, this sizable aggregation enables us to continue our contribution to the reinvention of New Jersey's suburban office product. We look forward to moving this promising project forward.”
Vision Real Estate Partners will oversee development of the Columbia Road campus.
MORRIS TOWNSHIP, NJ—In a strategic play that will make available some 715,000 square feet of build-to-suit corporate headquarters opportunities, Vision Real Estate Partners and a partner firm have acquired 64 acres of the former Honeywell headquarters campus on Columbia Road (Route 510) in Morris Township.
Approved for office, research and laboratory development, the Columbia Road property offers proximity to downtown Morristown, the Morristown and Convent Station train stations, Morristown Jetport, and major regional thoroughfares.
“In terms of location, this site offers everything today's corporate tenants want: access to vibrant downtown amenities; rich mass transit infrastructure; and a deep, highly educated labor pool of experienced professionals in tech, pharma and other key growth industries,” says Vision Real Estate Partners' Ross Chomik, managing partner. “From a development perspective, tenants will benefit from the involvement of two highly experienced, high-profile real estate organizations with deep roots in New Jersey's suburban markets.”
Vision Real Estate Partners has a strong track record of accommodating the needs of major corporate space users in the Garden State. The company previously has spearheaded headquarters build-to-suit projects for
The Columbia Road campus will serve as a benchmark for custom, state-of-the-art workplaces focused on promoting collaboration and sustainability.
“This is not just a development opportunity—it is the development opportunity,” says Sam Morreale, Vision's founder and managing partner. “Fortune 500 companies looking to build the type of experiential workplaces that attracts today's Millennial and Generation Z professionals need look no further.”
Morreale noted the Columbia Road campus enables the delivery of LEED- and WELL- designed, technologically advanced buildings incorporating every imaginable lifestyle amenity, along with redundant power and structured parking.
“This is the right site and the right development partnership,” he says. “In short, this sizable aggregation enables us to continue our contribution to the reinvention of New Jersey's suburban office product. We look forward to moving this promising project forward.”
Vision Real Estate Partners will oversee development of the Columbia Road campus.
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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].
