PLAINSBORO, NJ-Exterior construction is done on Enterprise Business Center, a new 42,700-sf, single-story, combination lab/high-tech/office facility at 104 Morgan Lane here. The facility, said to be one of the few spec construction projects currently taking place in the region, is located in the Route 1 corridor, near Princeton.

“The construction of Enterprise Business Center is right on schedule,” according to Joe Boiseau, director of corporate services for GVA Williams, Parsippany, who is managing the assignment. Firms needing a combination of lab and office space, especially pharmaceutical, and biotech companies are among the targets, as are telecom and general office users.

Located in a fully developed office park, the new asset has a list of corporate neighbors that includes Merrill Lynch, Wave Systems and Bristol-Myers Squibb. It has 18-22-foot clear ceilings and is available for a single tenant or is divisible to 10,000 sf. Current pricing is $12.50 per sf, net, with an option to buy, according to Boiseau.

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