The owner of more than 181,000 square feet of high-end lab and office space in Warren has tapped JLL to sell the property, the longtime home of a major pharmaceutical company.
Life sciences companies accounted for nearly a third of all leases signed in New Jersey last year, showing the industry’s continued role in the state’s changing commercial real estate market.
Gensler has named longtime architect Erin Mahoney as the latest principal in its Morristown office, touting her technical prowess and her more than 25 years of experience.
Office leasing in New Jersey rebounded in 2022, showing notable improvement from a year earlier despite a mixed fourth quarter and ongoing economic uncertainty.
NAIOP New Jersey has announced seven finalists for its coveted Deal of the Year honors, with plans to unveil the winners at its annual awards gala slated for early October.
An asset management firm is providing $76 million in financing for an investment group’s recent purchase of a 33-building, 1.11 million-square-foot life sciences campus in Hopewell.
Vacancy in the northern New Jersey office market grew for four straight quarters in 2020, even as a handful of industries showed the ability to withstand the effects of pandemic.
Another life sciences company is coming to the 1.14 million-square-foot former Bristol-Myers Squibb campus in Hopewell, where it plans to lease 62,000 square feet of laboratory space.
A joint venture has acquired the 1.2 million-square-foot Bristol-Myers Squibb campus in Hopewell, seeking to attract new tenants amid continued growth in the life sciences sector.