Page 5 - RE-NJ

CONTENTS
TM3
Features
12 Seeking Solutions
Demand for lab, R&D space in New Jersey still surging as developers hunt for new supply
6
10 20 24
APRIL 2023
Departments
The Briefing
Sanofi coming to Morristown in 260,000 sq. ft. lease at M Station, plus other top stories in commercial real estate
Deal Sheet
A roundup of CRE leases, sales and financing
People on the Move
New hires and executive moves
Policy Page
Earth Day 2023: Leave it better than you found it (and how CRE is a driving force)
16 Going Retro
Experts: Office conversions offer potential for
supply-starved lab users, despite challenges
18 Starting Fresh
Perth Amboy making new push for planning, redevelopment around key city properties
ON THE COVER: Demand for turnkey, high-end lab and research space remains strong among established pharmaceutical and biotech firms, startups and a growing pool of international players, in an asset class that is vastly undersupplied in New Jersey despite its deep talent pool and history of innovation.
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Every deal has nuance, and with our win-win approach to negotiation, we find practical solutions to the
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Laurie E. Meyers
Co-Chair, Real Estate Group (732) 855-6065
deals done right.
WOODBRIDGE NEWARK NEW YORK PHILADELPHIA RED BANK WILENTZ.COM ATTORNEYS AT LAW