SJP Properties renews Qualcomm lease for 95,579 square feet in Central Jersey

SJP Properties announced on June 30 that Qualcomm signed an agreement to extend its office lease at Somerset Corporate Center V, committing to 95,579 square feet at the best-in-class corporate campus in Bridgewater.

Qualcomm, which has been a tenant of Somerset Corporate Center since 2007, was initially drawn to the campus for the quality of its buildings and sophisticated technological infrastructure.

Over the years, SJP has reinvested extensively in Somerset Corporate Center, integrating a lifestyle amenities program that transformed the campus into a work/play/stay destination to help tenants like Qualcomm continue to attract top talent.

This reinvestment includes the introduction of a 170,000-square-foot Life Time athletic facility and a 31,000-square-foot Life Time Work, the brand’s coworking concept; a soon-to-be-open Tommy’s Tavern + Tap restaurant; and a 150-room AC Hotel by Marriott that features The Bradford, a rooftop bar, restaurant and lounge providing views of the campus and surrounding landscape.

Additionally, the campus is situated directly across from the nearly 1 million-square-foot Bridgewater Commons Mall – offering more than 100 shops, specialty stores and restaurant options, as well as outdoor plazas, for Somerset Corporate Center’s tenants to enjoy.

“For more than a decade, Somerset Corporate Center has been able to exceed Qualcomm’s stringent facilities requirements, and to this day the complex remains one of the most desirable corporate campuses in the state by virtue of SJP’s commitment to continuously elevate the work-life experience for tenants,” said Alexander Erdos, senior vice president – Leasing & Marketing, at SJP Properties.

Regarded as a premier corporate headquarters location in Central Jersey, Somerset Corporate Center is home to numerous companies that benefit from its state-of-the-art work environment. In addition to Qualcomm, these tenants include Oracle, Capgemini, Cognizant, iconectiv, Merrill Lynch, Messer, Juniper Networks, Bausch Health and Kering Eyewear.

The campus comprises five existing Class A buildings, totaling 1.2 million square feet situated around a landscaped central park, affording a unique configuration that enables access in all directions via Routes 202/206 and 22, as well as Interstates 287 and 78. Somerset Corporate Center is in proximity to both Newark International Airport and New York City and offers access to public transportation, including New Jersey Transit service via a shuttle to the Somerville train station, just 2 miles from the property.