Somerset Corporate Center in Bridgewater — Courtesy: SJP Properties
By Joshua Burd
A biopharmaceutical company is relocating its New Jersey office after signing a new 20,000-square-foot lease in Bridgewater with SJP Properties.
The developer on Monday said the tenant, Lexicon Pharmaceuticals, has taken space at its five-building, 1.2 million-square-foot Somerset Corporate Center campus at the junction of routes 22 and 202/206. Currently based in Basking Ridge, Lexicon is slated to move to Building 100 by the first quarter of 2023.
Savills’ Gregg Najarian and Slava Vaynberg represented Lexicon, which develops disease treatments using gene science based on Nobel Prize-winning technology. SJP Project Solutions, the developer’s project and construction management division, will build out a custom space for the life sciences firm, while the Rock Brook Consulting Group is the MEP consulting engineer on the project, working alongside architect HLW and Savills’ project management team.
“Somerset Corporate Center is perfectly situated to attract top talent from the surrounding area given its unparalleled highway access,” said Alexander Erdos, SJP’s senior vice president for leasing and marketing. “Labor is key for established life science companies such as Lexicon, and they also recognize the importance of ownership quality as it correlates directly to tenant experience.”
The new deal will give Lexicon access to a host of amenities at Somerset Corporate Center, including a 170,000-square-foot Life Time health club and a 31,000-square-foot Life Time Work co-working facility. The site is also home to a Tommy’s Tavern + Tap restaurant and a 150-room AC Hotel by Marriott that features The Bradford, a rooftop bar, restaurant and lounge, while the campus is directly across from the nearly 1 million-square-foot Bridgewater Commons Mall.
Somerset Corporate Center, which is minutes from Interstate 287 and Route 28, is also home to tenants such as Qualcomm, Oracle, Cognizant, iconectiv, Merrill Lynch, Messer, Bausch Health, Mazda, Caliber and Kering Eyewear.
SJP completes build-out for new Life Time co-working space in Bridgewater
