A private investor has sold a nearly 29,000-square-foot mixed-use property in the Whitehouse Station section of Readington, in a $3.9 million deal brokered by Marcus & Millichap.
The long-awaited sale of the massive Merck & Co. property in Readington is slated to close this fall, following the news that a California-based IT services firm has agreed to purchase the site.
Several of New Jersey’s largest, most prominent life sciences complexes are now on the path toward redevelopment, with new anchor tenants in place or new owners that can reclaim the value of what was left behind.
In the most high-profile cases, a team at JLL has been right in the thick of it.