NJ Office Stock Must Evolve, Real Estate Pros Say

Law360, New York (June 19, 2013, 10:04 PM EDT) -- Workplace and demographic changes have outmoded New Jersey's once-cutting-edge suburban office stock, but recent projects show that such properties can be reborn with modern design elements and mixed-use environments, real estate experts said Tuesday.

Those projects include the garden-inspired overhaul of a 225,000-square-foot Verizon call center in Madison, N.J., that's now Realogy Holdings Corp.'s headquarters and the transformation of a former Alcatel-Lucent property in Hanover Township, N.J., into a new East Coast headquarters for Bayer Healthcare LLC, with ongoing plans to develop housing, retail and park...
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