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New tenant at Crossroads.

The Employee Benefits Division of Northwestern National Life Insurance Company has moved its Regional Headquarters from Connecticut to Crossroads Business Center in Bedminster, New Jersey.

The company leased 4,919 square feet, bringing the complex to 85 percent occupancy, according to Steven J, Pozycki, president of SJP Properties, Developed by SJP Properties in partnership with the Foster Wheeler Development Corporation, Crossroads contains two buildings totalling 135,000 square feet.

Northwestern National Life and its subsidiaries offer individual life insurance and annuities, employee benefits, retirement contracts, life and health reinsurance, and investment management services. The Employee Benefits Division provides employee benefits products and services to employers with 100 to 5,000 employees. It has a nationwide network of 21 sales offices.

Situated in the historic Pluckemin area of Bedminster -- a neighborhood characterized by restaurants, village stores and antique dealers -- Crossroads received the County's 1991 Land Development and Planning Award for its sensitive design and positive influence on the region. The property offers prime access off Route 206, right at the interchange of I-78 and 287. Yet, highways are concealed by master planning that preserved natural grading, mature trees and woodland.

Two-story buildings feature traditional colonial architecture combined with luxurious finishes throughout. Large windows and versatile floor layouts maximize exterior views. In addition to its aesthetic appeal, Crossroads Business Center contains superior internal systems from the triple glazed glass, to upgraded electrical and HVAC systems to the efficiency and flexibility of the floors.
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Title Annotation:Northwestern National Life Insurance Co. leases commercial space in Crossroads Business Center in Bedminster, New Jersey
Publication:Real Estate Weekly
Date:Feb 10, 1993
Previous Article:Three retail deals close.
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