News

Manhattan, NY SJP Properties, a privately owned, fully integrated real estate developer, investor and operator, has added Peter Welch as investment associate. At SJP Props., Welch will join a team focused on the acquisition and development of Class-A office buildings, residential properties, and mixed-use projects across the New York/New Jersey metropolitan area and select Southeast […]

Nokia Bell Labs has a lot to celebrate. The research giant marked its 100th anniversary in May at its venerable campus in Murray Hill—part of New Providence, N.J.—where major technological developments have occurred, such as the Bellmac-32 microprocessor and the satellite Earth station known as the Horn Antenna, which helped prove the big bang theory. […]

State and local officials, stakeholders and others gathered under shining late-summer skies in New Brunswick to celebrate the latest HELIX groundbreaking. The Sept. 4 ceremony for H-2 at the Health & Life Science Exchange offered a front-row seat to the work underway – literally – and what will come when the project reaches completion, expected […]

HELIX 2 in New Brunswick, scheduled to open in 2028, will be new home for biggest name in scientific research

The steel frame of a new landmark tower for Nokia Bell Labs will be visible in downtown New Brunswick as soon as next spring, with construction well underway on a facility that will be the technology giant’s home for decades to come. Those were among the key themes on Thursday as a group of top […]

SJP Properties has unveiled plans to build nearly 294,000 square feet of new logistics space outside Charlotte, continuing its expansion in key Southeast industrial markets. The longtime New Jersey and New York developer said its plans call for a facility in Salisbury, North Carolina near the key thoroughfares of Interstate 85 and Route 29, one […]

Condo on 42nd floor last asked $21M

The gourmet toast, juice and coffee bar concept known as Toastique is coming to Morristown, where a team of franchisees will open a new downtown location in just over a week. Operated by Benson and Oby Otti, the owners of Health, Love & Soul Juice Bar and Grill in Maplewood, the shop at 70 Speedwell […]

They finally can put away the drawing boards. After more than 20 years on the town’s redevelopment list, the long-vacant Spring Street tract between M Station and Bethel A.M.E. Church has a future. On Thursday, the Morristown planning board unanimously approved SJP Properties’ site plan for M Lofts, a $78.3 million complex of 150 apartments, 30 of them affordable. The six-story […]

A cybersecurity firm is coming to SJP Properties’ Waterfront Corporate Center in Hoboken, having leased more than 12,000 square feet in a deal arranged by Cushman & Wakefield. The brokerage team represented the tenant, Semperis, in the transaction at 111 River St., noting that the space will support the technology company’s ongoing expansion. The firm […]

There are countless stories, but George Xuereb highlighted just two examples of local families that have been helped by United Way of Northern New Jersey. There’s the widow who was at risk of losing her home of 68 years, as she struggled under the weight of her late husband’s medical bills. Or the family that […]

Last night, NAIOP New Jersey hosted its 39th Annual Commercial Real Estate Awards Gala, honoring the achievements of leading commercial real estate professionals and organizations, and celebrating the year’s most impactful transactions The sold-out event, held at The Palace at Somerset Park, annually draws hundreds of stakeholders and industry insiders, including many of the top […]

The Garden State’s commercial real estate community honored the achievements of leading professionals and celebrated the year’s most impactful transactions as NAIOP New Jersey hosted its 39th Annual Commercial Real Estate Awards Gala. The sold-out event took place at The Palace at Somerset Park on May 14. “The Gala is NAIOP’s flagship fundraiser every year, […]

The NJBIZ Leaders in Real Estate, Construction and Design Awards celebrate individuals and companies changing New Jersey’s commercial real estate landscape. Now in its sixth year, the award categories include: Architecture Commercial real estate Commercial property development Engineering Environmental General contractor Interior design Law Project/construction management Subcontractor Additionally, the Top Projects awards – now in […]

SJP Properties, the vertically integrated real estate developer, announced on Wednesday the appointment of Peter Welch as Investment Associate. The strategic hire comes as SJP—which has developed over 25 million square feet of property during its 40-year history—continues to scale its development pipeline and expand its footprint across the New York/New Jersey region and key […]

SJP Properties has welcomed Peter Welch as an investment associate, adding to the team focused on acquiring and developing high-end office, residential and mixed-use properties across New York, New Jersey and select Southeast markets. The firm said Welch is a former senior financial analyst on Cushman & Wakefield’s capital markets team, where he supported the […]

The most delicious week of the year is back starting Monday, April 20 and continuing through Friday, April 24!

Developers are trying to recreate the vibe found in the country’s favorite foodie towns. That means adding more restaurants and bars.

Healthcare firm Sanofi was the second tenant at M Station, an office redevelopment in Morristown, New Jersey.

A $15 million “white box” condo at a luxury Art Deco-style building on Manhattan’s Upper West Side has become the first white box sale in the city since 2021. Occupying the entire 46th floor of the luxury tower at 200 Amsterdam—Unit 46 was sold as “white box”—meaning that it essentially has no interior and is […]

Cushman & Wakefield has arranged a 39,990-square-foot office lease renewal in Hoboken. The tenant, automated software provider NiCE Systems, will continue to occupy the entire 11th floor at the 1.5 million-square-foot Waterfront Corporate Center. David DeMatteis, Mina Shehata and Scott Schubert of Cushman & Wakefield represented the tenant in the lease negotiations. Alex Erdos represented […]

Strong Pilates, SweatHouz boost downtown amenities

Number of leases signed for space priced at $100 or more per sq ft reached all-time high in 2025

Welch joins SJP Properties, a privately owned, fully integrated real estate developer, investor and operator with more than 40 years of experience and over 25 million square feet developed

SJP to Integrate Historic Facades into 444-Unit Modern Luxury Rental Building in Jersey Avenue Light Rail Redevelopment Zone

Premier Matrimonial and Family Law Firm Remains at SJP’s Times Square Skyscraper for Another Decade

SJP Leads Transformation of Downtown New Brunswick as Dominant East Coast Research and Development District, Building the Most Advanced Electronics Lab in North America

China-Based Third-Party Logistics Company Leases 51 Percent of First Completed Building at 800-Acre, 7 Million-SF State-of-the-Art Industrial Park Near Port of Savannah

Leading East Coast Developer Expands Industrial Portfolio in Southeast

DAZN Leases Entire 14th Floor of Flexible, Turnkey Office Space

Hoboken, NJ – September 21, 2024 – SJP Project Solutions, the third-party development management arm of SJP Properties, has completed the 15,183-square-foot full-floor buildout for Ekaterra Tea, better known as LIPTON Teas and Infusions, at Waterfront Corporate Center II. Ekaterra Tea is the world’s largest tea business. The company selected SJP Project Solutions to execute […]

Bridgewater, N.J. – September 12, 2024 – SJP Project Solutions, a division of SJP Properties dedicated to third-party development management services, has completed the 11,045-square-foot buildout of the U.S. hub office of Everest Clinical Research at SJP-owned and managed Somerset Corporate Center I. Toronto-headquartered Everest Clinical Research is a full service CRO (contract research organization) […]

SJP Inks One of Northern New Jersey’s Largest Office Leases of the Year

Leading Chartered Trust and Banking Company Relocates Within Hoboken’s Premier Office Property

HOBOKEN, N.J. – SJP Properties is pleased to announce that natural food and personal care company Hain Celestial has selected Waterfront Corporate Center III in Hoboken as its global headquarters. WCC III is a LEED Gold and Energy Star certified building comprised of approximately 512,000 square feet. Hain Celestial occupies entire 12th floor, nearly 40,000 […]

FACE Aesthetic Artistry and health-conscious eatery Toastique elevate SJP’s tenant portfolio

Major Upgrades Enhance Tenant Experience at SJP Properties’ Premier Office Complex in Bridgewater, New Jersey

Accomplished Planning and Zoning expert to support continued expansion of SJP’s portfolio

Buyers signed contracts for 26 homes asking $4M+

Sanofi To Relocate from Sprawling Suburban Campus to Seven-Story Class A Building in Walkable, Transit-Based Morristown

Plans for H-2, the second phase of the New Jersey Health + Life Science Exchange in downtown New Brunswick, will include 360,000 square feet of build-to-suit lab and office space at the mixed-use campus. It would rise alongside a first phase that’s now under construction and slated to include a facility known as the New Jersey Innovation HUB, a new home for the Rutgers Robert Wood Johnson Medical School and a center for what’s known as translational research.

Wonder’s “fast-fine” dining concept will bring the country’s best chefs and restaurants to the Hoboken waterfront through delivery, pick-up and dine-in options at its new brick-and-mortar location.

The popular fast-casual restaurant will serve healthy and convenient fare from the ground floor of the transformative mixed-use development located within Morristown’s thriving downtown

The 2nd phase of the transformative mixed-use development comprising two high-performance office and retail buildings in Downtown Morristown has broken ground.

The second phase of the highly anticipated innovation district will encompass up to 600,000 square feet of build-to-suit lab and office space

Global biopharmaceutical company relocates to the newly repositioned Metropark campus known for its infrastructure, modern amenities and ample outdoor space

Buyer goes for new, view, and 10% off asking price

The boutique office and retail building is one of the only fully-amenitized workspaces along Manhattan’s Park Avenue South corridor

Global pharma company’s U.S. workforce occupies entirety of 200 Metro Boulevard at ON3

Developers to build state-of-the-art, 6.5 million-square-foot industrial facility on 800+ acres with vertical construction of the first of 12 buildings now underway

The financial institution’s modern headquarters on Speedwell Avenue reaches full height just four months after breaking ground

Lexicon Pharmaceuticals to relocate its Basking Ridge, NJ office to strategically located Bridgewater campus

Iselin, N.J.  – SJP Properties has inked a deal with industrial technology company Siemens for 65,500 square feet of office space within the amenity-rich campus. In addition to a variety of on-site lifestyle amenities and a suite of hospitality-inspired, concierge-style services, 200 Wood Avenue South offers high-end, light-filled workspaces with access to abundant outdoor space, as well […]

Prestigious financial institution selects next-generation office environment for base of operations in buzzing suburban downtown

Crypto platform and RE trust to occupy strategically located, highly-amenitized boutique office building in Midtown South

SJP’s construction management division completes initial renovations to program Gateway Center office as high-performance workplace for leading Northeast law firm

Demolition begins to make way for next-generation built-to-suit workplace within Morristown’s renowned transit-oriented downtown

Upscale amenity suite features in-demand outdoor courtyard with firepit and boutique ground-floor lounge spaces to complement evolving workplace needs

With buyback of premier office and retail building, SJP once again controls the entire three-building, 1.5M-SF Waterfront Corporate Center complex

Joint venture unveils construction progress on first of two office buildings in advance of Deloitte’s forthcoming occupancy

Insurance solutions provider inks lease for second office in newly-repositioned Metropark property

Technology provider renews lease at strategically located Bridgewater campus

Decades-long risk management tenant extends commitment at premier Hoboken business address

Strategic repositioning program at next-gen Metropark office building capped by 97K-SF HQ lease and interior build-out with global transport company

First of two buildings within next-gen office and retail development reaches full height

Former CBRE exec will support leasing, expansion of SJP’s portfolio and third-party development services

Barbara Quintana promoted to lead management teams across SJP’s office portfolio; Mary Tanzer hired as General Manager

Real estate investment professional with over 20 years of experience hired to support continued expansion of SJP’s portfolio

SJP Project Solutions to leverage construction management expertise for Japanese pharmaceutical company’s employee-focused HQ at high-tech N.J. campus

Next-Generation Office and Retail Development Poised to Invigorate One of New Jersey’s Most Sought-After Downtowns

Leading Fortune 100 company taps property’s original developer for collaborative workplace transformation

Completed 31,000-square-foot space in Bridgewater serves as Life Time’s first New Jersey coworking location

International financial institution drawn to next-generation Metropark workplace by urban commuting trends and resilient infrastructure

SJP to apply vertically integrated asset, property, leasing and construction management expertise to reposition Metropark transit office location

Deloitte Signs 110,000-SF Lease at Proposed M Station Mixed-Use Redevelopment in Downtown Morristown, N.J.

Workspace design company will relocate to take new prebuilt floor in booming Park Ave South submarket

International cloud and software engineer to relocate Bridgewater field office to 1.2-million-SF mixed-use campus; SJP Project Solutions to manage office build-out

Regional law firm expands presence in NYC, taking 8,191 SF for growing team & operations

Leading independent investment bank relocates for 10-year office lease

The AI solutions and digital software company moves NYC office from E. 14th and Broadway

Leasing team charged with bringing forward-thinking tenants to thrive in Times Square

Restaurant venture from iconic chef David Burke and local restaurateur Alexander Duran brings its fusion cuisine to The Modern’s pool deck with grilled favorites and kid-friendly dishes

Purpose-built amenity spaces include private outdoor area with fire pits, social lounge area and cafe with a boutique communal aesthetic; Pre-built office space also announced

Combination of Views, Resort-Style Amenities and Location Drive Strong Leasing Activity at Premier Gold Coast Community

Joint venture partnership purchases Class A office and retail building in Park Avenue South submarket from Norges Bank Real Estate and TH Real Estate

Firm to lease 350,000-square-foot building on Jersey City Waterfront; Class A commercial office building suited for life sciences, R&D, healthcare & technology office tenants

Hedge fund taps SJP Project Solutions to manage build-out of new NYC office

SJP Project Solutions to Oversee Build Out of Company’s New Expansion Space

Company Extends Vertically Integrated In-House Capabilities to Other Owners, Developers and Tenants for All Project Types

Redevelopment of Former Westinghouse Site Poised to Propel North Broad Street District’s Transformation into Tech and Business Corridor

Leading Investment Adviser Relocates to High-Performance Commercial Tower

Rapidly Growing Company Partners with NJ’s Established Office Market Leader on Three Class-A Office Buildings within Central Jersey’s Premier Business Center

Rapidly expanding artisanal café and eatery to open newest outpost at 41st Street and Eighth Avenue this summer

1.2 Million-SF, Best-in-Class Business Center Outperforms New Jersey Suburban Market with Accelerated Leasing Activity

International Stock Trading Platform to Move Headquarters to 31,234-Square Foot Space at State-of-the-Art NYC Tower

Trade of Panasonic Corporation of North America’s headquarters reflects transformation of Newark office market

Company’s Decision to Relocate Corporate Offices to Class A Business Center Reflects Flight-to-Quality Trend

Wireless Technologies Firm Recommits to Best-in-Class Business Center

Global Professional Services Firm Reaffirms Long-Term Commitment to Class A Business Center