The ground-up development of a 19,000-square-foot, stand-alone amenity hub at Warren Corporate Center in Warren marks Vision Real Estate Partners’ and Rubenstein Partners’ latest experiential workplace benchmark.
Vision Real Estate Partners and Rubenstein Partners this summer accepted the New Jersey Business and Industry Association’s (NJBIA’s) New Good Neighbor Award, recognizing their leadership in the development of MetLife Investment’s 185,000-square-foot, build-to-suit Global Headquarters at 67 Whippany Road in Hanover Township.
With the sale of The Crossings at Jefferson Park in Whippany, Vision Real Estate Partners and Rubenstein Partners have completed a benchmark New Jersey suburban office campus transformation. Barclays Capital – an anchor tenant at the 525,000-square-foot, Class A property – purchased the asset this week for $69 million.
Strategic first-quarter acquisition and leasing plays marked a busy start of the year for Vision Real Estate Partners. The Mountain Lakes-based company has made substantial commitments toward sustaining its progress as one of the state’s most active full-service owner/operators.
With the addition of 1776 On The Green, Vision Real Estate Partners has expanded its regional commitment into the downtown Morristown office market. The full-service real estate owner/operator’s plans for the iconic, 150,000-square-foot office tower – including collaborating with the adjacent Pioneer Park improvements project – are in keeping with its signature approach to selective acquisitions and ongoing commitment to public/private partnership.
A flurry of tenant activity this fall has resulted in more than 33,000 square feet in new long-term leases, renewals and expansions at 9W Office Center in Fort Lee, announced Vision Real Estate Partners. The Mountain Lakes, N.J.-based firm provides asset management, property management and operational support for the 215,000-square-foot, Class A office asset located at 2200 Fletcher Ave.
Vision Real Estate Partners has expanded its northern New Jersey office footprint with the acquisition of a three-building, 610,000-square-foot portfolio on Eisenhower Parkway in Roseland. The full-service real estate owner/operator immediately will launch a multi-million-dollar rebranding and renovation to modernize and unify the assets as a 51-acre, Class A campus.
The multi-million-dollar adaptive reuse of a former powerhouse structure
at The Crossings at Jefferson Park has introduced a stand-alone
amenities center for tenants at the 525,000-square-foot, Class A office
campus in Whippany. Aptly named The Powerhouse, the building opened this
month, featuring enhanced gourmet food services, a multi-function
lounge, conference room and a health and wellness center.
Vision Real Estate Partners and Real Capital Solutions are wrapping up the multi-tenant repositioning of Mountain Ridge on Changebridge Road in Montville. The project involves a major speculative renovation of one of the twin, 105,000-square-foot, Class A office buildings on the former Bayer Pharmaceuticals campus.
What are tenants seeking in office space today? How are capital markets and investment strategies changing? And what is the value of tenant improvements in leasing? These and other questions about development, leasing and investment trends were among the topics discussed at the spring Mid-Atlantic Real Estate Journal Conference this year.
