Business & Finance

Qualcomm Expands Presence in Somerset Corporate Center

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BRIDGEWATER, NJ - SJP Properties has fully leased the Somerset Corporate Center, in Bridgewater, with the recent expansion of Qualcomm Inc.’s lease by 30,882 square feet to a total of 156,294 square feet, according to a release.

Qualcomm develops wireless technologies and mobile data solutions, the release said, and has been a tenant at the Somerset Corporate Center since 2007. The company, the release said, renewed its lease last year.

Other companies at the center are Linde Americas, iconectiv, Mazda, Kering Eyewear, Allergan, Cognizant Technologies, Aon Hewitt and Merrill Lynch.

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“When we set out to develop Somerset Corporate Center, we immediately recognized that the site’s unique location advantages – in one of the country’s strongest labor pools and in proximity to major thoroughfares and mass transit – would ideally position it to become a destination of choice for world class companies,” Steven J. Pozycki, founder and CEO of SJP Properties, said in the release. “That original vision has been realized in achieving full occupancy with an incredible roster of companies whose advanced infrastructure and operational needs are being supported everyday by the superior environment we have created here.”

The Somerset Corporate Center is 1.2 million square feet around a 15-acre landscaped central park.

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