Wayne Kasbar and Doug Twyman of Newmark Real Estate of NewJersey, Woodbridge, represented Dr. Reddy's in the transaction.Terms of the lease were not disclosed.

Somerset Corporate Center II is a 250,000-sf class A officebuilding located within Somerset Corporate Center, a 1.6-million-sfmaster planned office park. The complex is situated opposite therecently expanded Bridgewater Commons Mall in Somerset County.

The Parsippany, NJ-based SJP Properties currently has aportfolio of more than 12 million sf of office space with anadditional six million sf of development potential.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.