BRIDGEWATER, NJ—Qualcomm relocated to Somerset Corporate Center in 2007. 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.
NEWARK, NJ—80 Park Plaza includes an iconic 26-story office tower and a three story plaza building. The complex is at the center of Newark's developing urbanization.
NUTLEY/CLIFTON, NJ—With financial and development approvals now in place, Seton Hall and Hackensack Meridian immediately will launch improvements to convert the leased buildings into the new Seton Hall-Hackensack Meridian School of Medicine.
OCEANPORT, NJ—Colliers International Group has been named marketing agent for Russel Hall, an iconic, 42,300-square-foot office building on the former Fort Monmouth military base in Oceanport, one of the highlights in this week's wrap-up of deals.
PHILADELPHIA—The refinancing enabled management firm PRD's nonprofit board to complete a $9.7 million rehabilitation effort while meeting the first mortgage's payment terms.
EVESHAM TOWNSHIP, NJ—Located at the intersection of Route 73 and Sunbird Drive, Sunbird Plaza is situated next to Target and the highly-trafficked Willow Ridge Shopping Center.
PHILADELPHIA—Five Below is relocating from 1818 Market Street, and plans to remodel the space that was once the home of Lit Brothers department store by infusing its own unique brand culture into the building's rich history.
EAST RUTHERFORD, NJ—The overall Q3 office vacancy rate (17.4%) was at its lowest point since year-end 2007, with Northern and Central New Jersey both having seen declines in available space since the close of 2014.