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BRIDGEWATER, NJ-A block of 115,558 sf of class A office space is on the market at Bridgewater Hills Corporate Center in this Somerset County township, and Grubb & Ellis has the exclusive on it. Bob Lee and John Kuhn of the firm’s Fairfield, NJ office are handling the assignment on behalf of Sunbelt Management Co.

“The ownership is looking for a ‘blue chip’ company that is looking for a long-term net lease for a headquarters or regional head office, rather than leasing in a multi-tenanted building,” according to Lee. ” We are receiving interest from telecommunications and pharmaceutical companies, and with delivery for possession in the third quarter of 2002, the timing fits with corporations’ strategic facilities planning.”

Bridgewater Hills Corporate Center occupies a 20-acre site on Route 202/206 near its intersection with I-287. The list of corporate neighbors includes Aventis, Pharmacia, Verizon, Allstate, AT&T, Metlife, Merrill Lynch and Household International.

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