WARREN, NJ-Normandy Real Estate Partners has signed two newtenants to a total of nearly 28,500 sf of space at the company's 20Independence Blvd. here. As reported by GlobeSt.com, theMorristown-based Normandy acquired the 120,800-sf asset a year agofrom an entity controlled by Hines Interests for an undisclosedprice.

Joining the tenant roster at the building, located within theSomerset Hills Corporate Center, are SIRVA Worldwide Inc., aChicago-based relo consulting firm, and Aeterna Zentaris Inc., aQuebec-based biopharmaceutical company. SIRVA will now be on-sitewith 17,741 sf, while Aeterna Zentaris is taking 10,741 sf.

Terms of the two leases were not released. The nearly 50,000 sfstill available in building is currently listed with an askingprice of $29.50 per sf, and Geoffrey Schubert, Craig Eisenhardt andRobert Ryan of CB Richard Ellis have the exclusive leasingassignment.

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
NOT FOR REPRINT

© 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.