Pharma user expands at Hillsborough Business Center, Larken says

Feb 8, 2023 | Deals, Industrial

Hillsborough Business Center on Stryker Lane in Hillsborough — Courtesy: Larken Associates

By Joshua Burd

A life sciences firm has signed a 1,500-square-foot lease expansion at Larken Associates’ 550,000-square foot, 27-building Hillsborough Business Center off Route 206.

NanoTech Pharma Inc., a preclinical stage pharmaceutical company, will now occupy a total of 4,218 square feet at the Stryker Lane campus. The firm has been a tenant at the property since 2019 and will use the added space to support a pipeline focused on drug delivery technologies, including innovative and patented nanomedicine for oncology, serious infections and cardiovascular disease, among others.

At Hillsborough Business Center, NanoTech is a block east of Route 206 and minutes from other major highways. It’s also among dozens of tenants with uses such as research and development, lab, warehousing, distribution, light manufacturing and product assembly as well as fitness, recreation and daycare.

“One of Hillsborough Business Center’s best assets is its adaptability to fit the unique needs of businesses across various industries,” said Rob Marek, executive vice president of Raider Realty, the in-house brokerage division of Larken Associates. “It’s been impressive to witness Nanotech Pharma Inc.’s growth and we’re thrilled to provide the space needed to meet their growing needs.”

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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