X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The pharmaceutical business has been one of the sparks in Garden State real estate, and the activity continues: Hoffman-LaRoche has grown its 70,753-sf presence at 1255 Broad St. here to a total of more than 113,600 sf. The space is being used mostly for general office purposes, and the expanded lease is a reflection of the growth in activity at the pharma company’s HQ operations in nearby Nutley, NJ. J. Thomas Glerum and William McCaffrey of Cushman & Wakefield, East Rutherford, NJ negotiated the transaction for the additional 42,858 sf.

The 1255 Broad St. property is a class A facility developed as an adaptive reuse of a former BASF industrial facility by Reckson Operating Partnership.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.