A pair of acquisitions by Vision Real Estate Partners and Rubenstein Partners continues this joint venture partnership’s commitment to the Morris County office market. In separate transactions, the firms recently purchased Phases I and II of the former Morris Corporate Center IV, amassing nearly 700,000 square feet of Class A product on Interpace Parkway in Parsippany.
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. With construction now underway, the joint venture partnership is continuing its track record of creating lifestyle related amenities to support today’s cross-generational workforce.
In a strategic play that will introduce up to 715,000 square feet of premier, build-to-suit corporate headquarters opportunities, Vision Real Estate Partners and a partner firm have acquired a key Morris County development site. The firms this fall purchased 64 acres of the former Honeywell headquarters campus on Columbia Road (Route 510) in Morris Township.
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.
