M Station, Lotus 315, Bridge Point 78 get top honors at NAIOP NJ virtual gala

NAIOP New Jersey’s annual commercial real estate awards gala was held virtually Wednesday afternoon in another sign of the times.

The event, which was originally scheduled for May 14, honored some of the top names in the industry and saluted its Deals of the Year.

A look at the awards for the top projects:

Office: M Station at Morristown

The transformative Class A mixed-use development in the heart of Morristown is considered the most significant commercial development planned for the town in nearly 40 years. The plan will have two headquarters-quality, Class A office buildings with ground-floor retail space and a parking structure.

Partners in the deal: SJP Properties, Cushman & Wakefield, Gensler, Riker Danzig, Scotto Properties and Deloitte.

Mixed-use: Lotus 315

This luxury mixed-use development in East Orange by Blackstone 360 is most noted for its ship-like design. The project, on South Harrison Street, has 180 luxury residential units and 33,000 square feet of retail.

Partners in the deal: Blackstone 360 LLC, Amboy Bank, Avison Young, International Office of Architects, ADG and Frank H. Lehr Associates.

Industrial: Bridge Point 78

The 65-acre former Ingersoll-Rand manufacturing plant in Phillipsburg/Lopatcong was a brownfield site that needed extensive remediation. Bridge turned it into a Class A industrial warehouse campus that will grow to nearly 4 million square feet.

Partners in the deal: Bridge Development Partners, CBRE, JLL and Hartford Investment Management.

Individual awards

  • Lifetime achievement: The family of Frank Visceglia.
  • Impact award: Gene Diaz of Prism Capital Partners.
  • Impact award: RC Andersen LLC.
  • Industry service award: Anne Strauss-Wieder of the North Jersey Transportation Authority.
  • Caren S. Franzini Public Partner award: Weehawken Mayor Richard Turner.