Regeneron Pharmaceuticals has signed a lease to take 126,678 square feet at Warren Corporate Center, Rubenstein Partners and Vision Real Estate Partners announced Monday.
The deal means the campus is more than 95% leased.
Rubenstein and Vision acquired the campus in 2016 and have since worked to upgrade the facility and amenities. The Warren Corporate Center is surrounded by walking trails, a landscaped pond, four parking structures and a lifestyle center called Warren Hill.
The Warren Hill facility is over 20,000 square feet, with:
- Outdoor amphitheater;
- Indoor and outdoor patio dining;
- Multifunction conference areas;
- Full-service cafe with coffee bar;
- State-of-the-art fitness center with locker rooms;
- Full-size indoor basketball court;
- Outdoor roof deck for meetings
Other previous successful Rubenstein and Vision partnerships include the leasing of 100 and 200 Warren Corporate Center Drive (315,000 square feet) to Everest Reinsurance Co., a property that was then sold to an investor in 2021. Additionally, PTC Therapeutics leased 360,000 square feet at Warren Corporate Center in 2022.
Rubenstein, a vertically integrated real estate investment adviser focused on value-added office property equity and debt opportunities, and Vision, a full-service real estate owner/operator, have an extensive track record of successful joint ventures to modernize and improve office campuses throughout Northern New Jersey.
Regeneron was represented by Joshua Cohen and Marc Rosenberg of Cushman & Wakefield.
Building ownership was represented by Robert Donnelly Sr., Robert Donnelly Jr., Paul Giannone, Todd Elfand and Kevin Carton of Cushman & Wakefield regarding the lease.
