77 Corporate Drive in Bridgewater — Courtesy: CBRE
By Joshua Burd
CBRE is detailing a health care services company’s new 115,000-square-foot sublease in Bridgewater, as the tenant consolidates its footprint following a recent merger.
IQVIA, an American multinational company serving the combined industries of health information technologies and clinical research, is taking the space at 77 Corporate Drive under a transaction signed earlier this year. The move follows the 2016 merger of Quintiles and IMS Health, which had been headquartered in Parsippany, and represents what CBRE says is a continued appetite from life sciences companies around interstates 287 and 78.
CBRE’s Remy deVarenne and Sean Morley negotiated the sublease deal on behalf of sublandlord, Legacy Investors.
“IQVIA conducted an exhaustive search of the region, specifically the Bridgewater market, a hub for the life sciences industry,” said Morley, first vice president CBRE. “The company chose 77 Corporate Drive because of its unparalleled existing infrastructure and amenities.”
Built and furnished from 2010 to 2013, the four-story office building features modern, open workspaces that can accommodate more than 200 seats per floor, CBRE said. The property has a 5/1000 parking ratio, while offering a full-service café, conference center and walking trails.
CBRE also pointed to roughly 90,000 square feet of furnished, ready-to-occupy space that remains available for sublease at 77 Corporate Drive.