8-9-19

6B — August 9 - 22, 2019— Central New Jersey — M id A tlantic

Real Estate Journal

www.marej.com

C entral NJ

Landlord was represented in-house by GTJ REIT Inc. Esses of Bussel Realty Corp. renews Idea Nuova for 151,641 s/f at 4 Corporate Place in Piscataway

P

said Esses. 4 Corporate Place in Pis- cataway is a 151,641 s/f dis- tribution facility, which is part of Corporate Park 287, a master planned, mixed use development on 200 acres. The property features 25-foot high ceilings, 200 free surface parking spaces and covered parking, and is straddled by two I-287 interchanges with access to the New Jersey Tpke. and Rte. 440. About Bussel Realty Corp. With one of the largest dedicated industrial broker- age staffs in New Jersey,

Bussel Realty Corp. (BRC) is a leading industrial real estate services firm, located in Central New Jersey with an individual membership in the Society of Office & Indus- trial Realtors (SIOR). Bussel Realty provides leasing and sales brokerage services to users, corporate occupiers, landlords, owners and inves- tors, representing more than a million sf of property and tenant client assignments an- nually. The firm’s clients have included several of the largest Fortune 500 Companies, as well as numerous manufactur- ing, distribution and services companies both nationally and locally. Currently, BRC is han- dling in excess of three million sf of corporate and industrial real estate in New Jersey.  Colliers Int'l. secures 90,000 s/f lease at former Bris- tol-Myers Squibb Campus PRINCETON, NJ —Global commercial real estate services firm Colliers Internation- al Group Inc. announces it has secured a long-term lease within the corporate campus located at 777 Scudders Mill Rd. in Plainsboro. Genmab A/S, an international biotechnology company specializing in the cre- ation and development of differ- entiated antibody therapeutics for the treatment of cancer, will relocate its U.S. headquarters office and establish a best-in- class research lab at the site. Genmab will become the first new tenant at the campus since the relocation of Bristol-Myers Squibb. Genmab will move into 90,070 square feet across two floors in a consolidation and expansion of its office and re- search activities in the United States. A team from Colliers In- ternational led by Charlie Hatfield, executive managing director, New Jersey Life Sci- ences Practice leader and Brett Incollingo , associate direc- tor, represented the property owner, Trawler Capital Man- agement , in the deal along with Tom Romano of JLL . Genmab was represented by JLL managing directors Dan Spero, Craig Eisenhardt and vice president Jason Benson . The buildings were designed by The Hiller Group for Bris- tol Myers Squibb. 

ISCATAWAY, NJ — Bussel Realty Corp. (BRC) , a corporate

and indus- trial real es- tate services firm in New Jersey, an- nounced Idea Nuova Inc. has renewed its lease for 151,641 s/f at

4 Corporate Place

Leo Esses

The landlord was represented in-house by GTJ REIT Inc. “After seriously exploring multiple alternative loca- tions for over 18 months, Idea Nuova concluded their cur-

rent location with immediate access to the 287 corridor and proximity to the New Jersey Tpke. was the ideal location for their considerable logistics and manufacturing activities,”

4 Corporate Place in Piscat- away. Senior vice president Leo Esses of BRC was re- sponsible for the transaction and represented the tenant.

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