AY Tapped to Lease Bridgewater Crossing

BRIDGEWATER, NJ-Avison Young has landed the exclusive leasing assignment for Bridgewater Crossing, a pair of mirror-image class A office properties totaling about 600,000 square feet within the master-planned Bridgewater Commons complex here. The assignment from Piedmont Office Realty Trust was announced by Jeffrey L. Heller, principal and managing director of AY's New Jersey office.

AY principal William E. McCaffrey is leading the leasing assignment for Bridgewater Crossing, currently 94% leased, along with Heller. “Bill and Jeff bring with them significant experience and intimate knowledge of Bridgewater Crossing, which we will look to leverage as we continue to build on the leasing momentum we have generated at this standout office complex,” says Alex Valente, director of asset management for Piedmont.

Originally the brainchild of Hines, Bridgewater Crossing was developed in 2001 and 2002. The complex's location was specifically chosen for the creation of a “suburban core asset,” capitalizing on integrating adjacent hotel and retail uses with architecturally significant office design to create an environment not typically found in suburban office parks. It provides tenants direct pedestrian access to a 350-room Marriott hotel and conference center, and the adjacent Bridgewater Commons mall and The Village at Bridgewater Commons, which feature more than 100 stores and restaurants.

Located at 200 and 400 Crossing Blvd. in Bridgewater, the complex is at the confluence of I-78, I-287, Route 22 and Route 202/206 in Somerset County, where many of the state's blue-chip firms are headquartered. Accordingly, its tenant roster includes GE Capital, Pfizer, Brother International Corp., Synchronoss Technologies and Dendreon. At present, there is one unit available for lease at Bridgewater Crossing, totaling 21,000 square feet of fourth-floor space.