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Articles Archive for 10 December 2012

Construction & Design, Headline »

[10 Dec 2012 | No Comment | ]
SJP Properties breaks ground on 500,000 s/f Pearson building

SJP Properties today broke ground on a new 500,000 s/f office and retail building that will house the US headquarters of the Pearson learning company.

Waterfront Corporate Center III is located on the final site of a 26-acre waterfront, mixed-use master planned neighborhood in Hoboken, NJ.

SJP Properties is developing the building in partnership with USAA Real Estate Company. Pearson, which earlier this year signed a 200,000 s/f lease at the property, will be the site’s lead tenant.

Deals & Dealmakers »

[10 Dec 2012 | No Comment | ]

Jos. L. Muscarelle, Inc., one of the oldest investment and development firms in New Jersey, has recently closed on two major deals.
Freedom Bank took 7,726 s/f  of office space in the Muscarelle Building located at Essex Street at Route 17, Maywood, NJ.
A three-year lease was also signed with Public Service Electric and Gas Company (PSE&G) for another Muscarelle building  located at 7 Robinson Road, Lodi, NJ.
The utility company will occupy the full 15,000 s/f building which sits on three-acres of land.

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