EATONTOWN, NJ-When Shire Pharmaceuticals acquired the Eatontown, NJ-based Roberts Pharmaceuticals and merged it into its own operations, Roberts’ 80,000-sf facility at 4 Industrial Way at the Meridian Center, Eatontown was put on the market. It didn’t stay there for very long in this day of drastically shortened time lines.

In a couple of rapid-fire deals, Shire sold the building to the Donato Group, a locally based developer (which had originally developed the facility for Roberts in the early ’90s), and Donato turned right around and leased the whole thing to PRA International. The latter is a clinical research organization that had been occupying 34,000 sf in nearby Shrewsbury, NJ.

The East Rutherford office of Cushman & Wakefield of NJ arranged both deals, with senior director Jerry Richter leading the effort.

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?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.