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Avison Young arranges over 46,600 square feet in new lease deals at Bridgewater CrossingJuly 26, 2021
Avison Young arranges over 46,600 square feet in new lease deals at Bridgewater Crossing
The two-building trophy office park reaches 97.5% occupancy as the market continues post-COVID recovery
Bridgewater Township, NJ – Avison Young announced today that the firm’s New Jersey office has arranged two new leases at Bridgewater Crossing, a class A corporate office park located at 200-400 Crossing Boulevard in Bridgewater Township, NJ. Leading LED lighting system provider Signify North America has signed a 28,815-square-foot (sf) lease for a new headquarters space on the sixth floor of 400 Crossing Boulevard and medical technology company ConvaTec Group signed a 17,800-sf lease for the first floor of 200 Crossing Boulevard where it will be relocating its New Jersey office.
Avison Young Principal William McCaffrey and Evan Bernard, an Associate located in Avison Young’s New Jersey office, represented the landlord as the exclusive leasing agents for the property. Remy DeVarenne at CBRE represented ConvaTec and Dan Spero at JLL represented Signify in the negotiations. Signify and ConvaTec’s new leases bring the property’s occupancy level to approximately 97.5%.
“Bridgewater Crossing continues to see steady leasing activity as occupiers plan for a return to the office and evaluate their company’s spacing needs,” said McCaffrey. “These new leases are an indication of the strength of the New Jersey office market’s recovery as we enter a post-COVID era. We are confident the appetite for class A suburban office space will continue to drive demand and that Bridgewater Crossing’s sustainable practices, modern design and robust amenities package position the property as a unique offering with the ability to accommodate a diverse range of tenant types.”
Bridgewater Crossing is a two-building trophy office park located at 200-400 Crossing Boulevard in Bridgewater Township, NJ. Spanning over 600,000 sf, the property earned an Energy Star rating and BOMA TOBY Award for Best Suburban Office Park in the Mid-Rise Suburban category in 2019 for its premium quality construction, top tier finishes and sustainable efforts. Having recently undergone a series of capital improvements, Bridgewater Crossing offers a series of first-class amenities, including a full-service cafeteria, café, fitness center, conference facilities ATM, on-site helipad and on-site security. The property also includes 515 surface parking spaces in addition to 200 covered parking spaces.
Bridgewater Crossing provides direct access to I-287, I-78 and Routes 22 and 206 and neighbors Bridgewater Commons Mall, Village at Bridgewater Lifestyle Center and the Marriott Hotel. The property offers bus services to the Somerville train station and NY Port Authority with Newark Liberty International airport a short 30-minute drive away. Tenants at the property include Brother International, Amneal Pharmaceuticals and Harding Lovener LP.
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