WARREN, NJ–GSK Consumer Healthcare, formed from the merger of Glaxo Smith Kline's consumer health unit with Novartis OTC, is putting is US headquarters at Center 78 in Warren, with a 10-year lease on nearly two floors of the office building.
Normandy Real Estate Partners has leased 144,000 square feet to GSK Consumer Healthcare. The property, at 184 Liberty Corner Road in Warren, NJ, is a four-story, 372,000-square-foot class A office destination that recently underwent an extensive capital expenditure program.
“We set out to create a unique, class A environment at Center 78 and attracting a global leader in innovative healthcare like GSK Consumer Healthcare substantiates our vision,” says Paul Teti, principal of Normandy Real Estate Partners. “We are thrilled that GSK Consumer Healthcare has selected Center 78 as the home of its US headquarters.”
DTZ's team of Raymond Trevisan, managing principal, William O'Keefe, senior vice president, and Kelsey Nakamura, associate, represented Normandy. Scott Lesh, Dan Loughlin, Ron Cariola, and Tim Nienhuis from Jones Lang LaSalle served as the leasing agents for GlaxoSmithKline.
“GlaxoSmithKline Consumer Healthcare and Novartis OTC recently formed GSK Consumer Healthcare to create a leading fast-moving consumer healthcare company,” says Lesh. “JLL was selected to find a first-class, centrally located office building that could serve as the headquarters of a new US headquarters. As GSK would be the largest tenant at Center 78, we were able to negotiate a branding opportunity for the company that includes high-profile building signage. The new company plans to create a GSK Shopper Science Lab that will use state-of-the art shopper insight tools and technologies to understand how and why shoppers make decisions and what influences their choices.”
Current tenants at Center 78 include UBS, Fiserv, and EMC Corp. Located on 47 acres, the building is located at Exit 33 off Interstate 78. The property is at the central hub of the submarket with immediate access to some of the area's most attractive amenities, including lifestyle centers at Riverwalk, 100 Marketplace and luxury hotels.
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Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
