SJP Properties capped its M Station office development by bringing a second corporate headquarters to the site in Morristown, New Jersey, spotlighting the town's ability to draw nationally and internationally renowned companies.
Sanofi, the French-based global healthcare firm, became the second anchor tenant at M Station, a multistage office project that replaced a rundown strip mall. Sanofi relocated its Garden State headquarters from a nearby suburban office campus to M Station West at 100 Morris St., bringing nearly 2,000 employees to the 260,000-square-foot building.
That $130 million flagship property is part of SJP Properties' redevelopment, which also includes a second office building, M Station East at 66 Morris St. Big Four accounting firm Deloitte had already taken up residence there.
The final phase of M Station, completed last March for Sanofi's arrival, earned a 2026 CoStar Impact Award for commercial development of the year in Northern New Jersey, as judged by real estate professionals familiar with the market. The project, near a train station offering a quick commute to Manhattan, positions Morristown as a lively workplace alternative to New York City with its vibrant restaurant and bar scene.
The seven-story, build-to-suit M Station West property features three separate active terraces, a 20,000-square-foot-plus dining area that's open to the public and a landscaped rooftop complete with wellness areas for yoga classes and gardens.
About the project: SJP, in partnership with Scotto Properties, recognized the opportunity in this site to create a transformative development. The developer tapped architectural innovator Gensler to design M Station West, whose floor-to-ceiling glass and metal-panel exterior provides abundant light throughout the building.
SJP and Gensler also worked to design the buildings at M Station to reflect Morristown's historic industrial-loft architecture and to complement the existing downtown. M Station West is set back 45 feet from Morris Street, creating a 10,000-square-foot landscaped promenade and two public plazas with seating. This layout improves connectivity in the area, particularly between the nearby NJ Transit station and Morristown Green.
What the judges said: "This was a close one for me, but M Station brings so many elements together into one great project," said Andrew Moss, director of leasing and acquisitions at Forsgate Industrial Partners.
William Hanson, president and managing principal at NAI James E. Hanson, called M Station "a transformative development in a downtown."
They made it happen: Andrew Natale, chief operating officer at SJP Properties; Ashley Gross, vice president of global real estate, Sanofi; Anthony Scotto, CEO of Scotto Properties; landlord broker Roberty Donnelly Sr., executive vice chair at Cushman & Wakefield; Fran Noval, principal and managing director, Gensler; tenant broker John Lashar, vice chairman, CBRE.
CoStar Market Manager Amanda Thomas contributed to this report.
This article was updated on March 26 to correct the people listed under They made it happen.