Tuesday, March 12, 2013

Ashland Leases 198,000 SF in Bridgewater

Ashland, Inc. has leased 198,000 square feet at the New Jersey Center of Excellence, located at 1041 Route 202/206 in Bridgewater, NJ. The long-term deal is one of the largest signed in the state so far this year. 

The Covington, KY-based tenant provides specialty chemicals, technologies and insights to aid customers in the creation of new and improved products and sustainable solutions. The firm will relocate its specialty ingredients unit from Wayne to this new laboratory and office space later this year. 

"New Jersey has long been considered a premier national life sciences cluster and continues to undergo a paradigm shift. Large single-occupant campuses like The Center of Excellence at Bridgewater create opportunity through existing state-of-the-art infrastructure for life sciences companies to grow in or relocate to New Jersey." 

The New Jersey Center of Excellence is located in the Somerset County Industrial submarket with immediate access to Routes 287, 78 and 22. It is comprised of more than 1.1 million square feet of laboratory, office and GMP production facilities on 110 acres. The landscaped park features a campus setting with a full-service cafeteria, gated entrance and a helipad. 

"Ashland was drawn to the facility’s quality, design, infrastructure, and amenities, as well as to the state’s highly skilled workforce and intellectual property, and access to major highways."


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