Case Studies

1/16/2012
Strong Leasing Activity and Significant Development Achievements Mark Successful 2011 For Advance Realty

1/11/2012
Advance Realty Experiences Influx of Solar Companies Throughout New Jersey Portfolio

1/3/2012
Advance Realty Announces Relocation of Arch Reinsurance Headquarters to Advance@Southgate in Morris Township, N.J.

A World-Class Building for a World-Class Tenant 100 Tice Boulevard, Woodcliff Lake, NJ Advance completed a long term lease with Eisai Inc. for the entire building to be used as its new U.S. headquarters. This transaction enables Eisai to…

Moving with "Informed Intuition" in Two New Directions: Into the Burgeoning Washington DC Market and Into Large-Scale Value-Added Investment Metro East Business Campus - Lanham, Prince Georges County, Maryland Anticipating the economic activity associated with the recent opening of the regional Headquarters for the IRS, Advance zeroed in on...

Recreating the Former ExxonMobil HQ Complex as a Class A Business Campus, while Meeting Precise Timing Needs of a Major Tenant Park Place - Florham Park, New Jersey Advance acquired this 351,000 square-foot former ExxonMobile headquarters, stripped its four buildings down to bare steel and, in a multimillion-dollar renovation program, repositioned it as a…

Creating Value for a Key Tenant and New Jersey's Capitol City Riverview Executive Park - Trenton, New Jersey Advance completed the acquisition of this 330,000 square foot office complex, and then negotiated with the State of New Jersey to increase…

Investing in New Jersey's Premier Transit-Oriented Development One Gateway Center - Newark, New Jersey One Gateway Center was the first of the four office buildings in this landmark office/retail/hotel complex in downtown Newark. Its 26 floors and retail concourse contain…

UPREIT for Lifestyle and Estate Planning MiddleBrook Crossroads - Bridgewater, NJ MiddleBrook Crossroads, one of the country's first industrial parks, is a two generation, family-owned 16 building complex. The 800,000 square foot office/flex/warehouse park is located in Bridgewater, New Jersey at the crossroads of I-287 and Routes 22 and 28 -- the heart of Somerset County...

Two New Corporate Headquarters and a Sale-Leasback in One Building Phillips Van Heusen, Bridgewater, NJ Phillips Van Heusen ("PVH") needed to find a new 160,000 square foot operating headquarters in New Jersey. At the same time, Thomas and Betts ("T&B"), a publicly traded maker of electrical components, was looking to downsize at its 230,000 square foot Bridgewater, New Jersey headquarters...

Tax Solution with Flexible Occupancy Justin Corporate Center - Manalapan, NJ Justin Corporate Center, a two building complex in Manalapan, New Jersey was owned by a partnership, comprised various people with divergent interests, including the principals of Schoor DePalma, the major tenant in the complex...

Multiple Solutions for Growth Chubb Computer Service - North Brunswick, NJ Chubb Computer Services was embarking on a three-year national expansion into major cities. Advance was retained to locate sites for land acquisition or lease negotiation for a 40,000 SF computer technical training facility...

Finding a New Home

Fast Track Corporate Headquarters Bayer A.G. Consumer Care Division had a requirement to consolidate its out of state research laboratory and sales operations, as well as a newly acquired New Jersey company, into one central facility. The company targeted New Jersey’s I-287 corridor due to the high ...

Partnering with Municipalities Middle Brook Center - Bound Brook, NJ The Borough of Bound Brook wanted to redevelop a 50-acre site located just off the intersection of Route 28 and I-287. The municipality in efforts to fulfill the community's needs, was looking for a developer to replace underutilized land with valuable tax ratable, and bring over 250 full-time jobs to the area...

Growing On Site Merrimac Industries, Inc. is a worldwide leader in the design and manufacturer of components to serve the wireless telecommunications industry. Merrimac had purchased land
in the 1970’s for the company’s corporate headquarters and ...

Finding the Right Way to Consolidate Advance Realty was engaged by Allied Beverage, LLC to conduct a search for a headquarters facility which would consolidate three existing distribution operations and
related offices into North Jersey. The targeted area was the turnpike corridor from exit 10 to the northern terminus. Requirement included over 40,000 SF of office and 450,000
SF of distribution 28 feet clear. Advance interviewed...