Monday, August 31, 2015

Valeant Pharmaceuticals Doubles Office Space to 620,000 SF

Valeant Pharmaceuticals is doubling the size of its Bridgewater, NJ office space, leasing another 310,000 square feet at SJP Properties' Somerset Corporate Center in Bridgewater, NJ, to bring its total occupancy there to 620,000 square feet.

The new lease comes less than two years after the maker of CeraVe skincare products, PreserVision and Ocuvite vitamins, and BioTrue lens care solutions first established its presence in the U.S. by setting up its headquarters in Bridgewater. As part of the deal, Valeant signed an early renewal of its original lease for its current 310,000-square-foot office at Somerset Corporate Center IV and expanded into Somerset Corporate Center III.

The five-building Somerset Corporate Center office complex is located near Bridgewater Commons Mall in one of the country's strongest labor pools for the pharmaceutical and technology sectors.

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