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Relocations & Expansions

Quick start: How hard-tech accelerator HAX has quickly gotten to work in Newark

Tom Bergeron | ROI-NJ

Duncan Turner remembers the day last fall when HAX announced it was coming to Newark — and how the hard-tech accelerator from the Princeton-based global venture capital firm SOSV was promising to develop 100 companies in the next five years in a state-of-the-art facility. He remembers how — other than the announcement — there wasn’t much to report. For an organization known around the …

HAX picks HQ site in Newark: Accelerator taking 35,000 sq. ft. on Broad Street

ROI-NJ Staff | ROI-NJ

New Jersey and Newark officials were thrilled last fall when HAX, the hard-tech accelerator run by SOSV, one of the most active venture capital firms in the world, announced it was going to make Newark its home. This week, SOSV announced just where that home will be: 707 Broad St. HAX and SOSV have signed a 10-year lease on a 35,000-square-foot headquarters …

National Logistics Firm Comes to NJ

New Jersey Business Magazine | Press Release

Temco Logistics of Pomona, California, has leased 57,076 square feet of industrial space at 450 Murray Hill Parkway in East Rutherford, NAI James E. Hanson has announced. Temco Logistics is a premier provider of white-glove home goods delivery and installation solutions across the nation. With millions of home deliveries performed each year for some of America’s largest retailers, Temco Logistics …

Maersk company announces plans for new facility in New Jersey

James Turner | Port Technology

The new space is set to open in October 2022 and will serve both imports and exports. Site selection was based on close proximity to the container port at Elizabeth, New Jersey as well as one hour drive from the Port of Philadelphia and two-and-a-half-hour drive to Baltimore and Delaware. The facility will feature 167,812 square-feet of space with 13,000 …

PTC Therapeutics takes 360,000 sq. ft. at Warren office campus in lease with Rubenstein, Vision

Joshua Burd | Real Estate NJ

PTC Therapeutics has leased 360,000 square feet for a new corporate headquarters in Warren, in a deal that marks one of New Jersey’s largest office leases of the past decade. The drug maker, which is currently headquartered in South Plainfield, will occupy two full buildings at 400 and 500 Warren Corporate Center Drive. It’s leasing the space from a joint …

Leica Camera to Relocate North American HQ to Teaneck

New Jersey Business Magazine | Press Release

Leica Camera, Inc. has signed a long-term lease to bring its North American headquarters to Glenpointe Centre West in Teaneck. Newmark represented Alfred Sanzari Enterprises in the transaction. Cushman & Wakefield represented Leica Camera, Inc. Previously headquartered in Allendale, Leica Camera, Inc.’s new 12,274-square-foot North American headquarters, the largest of the three buildings that make up the office component of …

CT Realty, PGIM to bring 1.7M-square-foot logistics center to Salem County

Jessica Perry | NJBiz

As demand for industrial space persists, a 1.7 million-square-foot logistics center will rise on a South Jersey site that can reach 66 million consumers within a day’s truck drive with delivery slated for the third quarter of 2023. CT Realty announced it acquired 282 acres of industrial land in Salem County’s Pennsville in a joint venture with PGIM Real Estate for the development …

BeiGene Breaks Ground on New Facility in Hopewell

New Jersey Business Magazine

BeiGene, Ltd, a global biotechnology company, announced the groundbreaking of its flagship U.S. manufacturing and clinical R&D center at the Princeton West Innovation Campus in Hopewell. The initial phase of construction is expected to include approximately 400,000 square feet of dedicated commercial-stage biologic pharmaceutical manufacturing space, with capacity for up to 16,000 liters of biologics formula. BeiGene intends to recruit …

Eisai Opens New U.S. HQ at ON3 Campus; will bring 800 jobs to Nutley

Linda Lindner | ROI-NJ

Eisai Inc., the U.S. pharmaceutical subsidiary of Japan’s Eisai Co. Ltd., officially relocated its U.S. headquarters from Woodcliff Lake to the ON3 complex in Nutley. The move brings approximately 800 jobs to the area and, at full capacity, the new state-of-the-art facility will accommodate 1,300 employees. SJP Project Solutions led the buildout of the new location along with ON3 developer Prism Capital …

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