Tuesday, July 23, 2024
HomeBusiness NewsCelularity Relocates to Florham Park

Celularity Relocates to Florham Park

spot_img
spot_img

FLORHAM PARK — Celularity has signed a long-term lease for the entire 147,215-square-foot office building at 170 Park Avenue. The clinical-stage cell therapeutics company is relocating its headquarters from Warren, with completion expected early next year.

A Transwestern Commercial Services team of James Postell, Matt McDonough and Dan Ligorner represented the building owner. They co-brokered the transaction with Colliers New Jersey life sciences practice leader Charlie Hatfield and VP Ryan Healy, who represented Celularity.

The property is part of the two-building 170 – 180 Park Avenue office campus totaling 368,780 square feet and situated next to the master-planned Green at Florham Park. After substantial capital improvements, the campus has experienced strong leasing momentum, and the Celularity transaction marked what’s reportedly New Jersey’s largest new office lease for the first quarter of 2019.

The new lease allows Celularity to consolidate its corporate offices, manufacturing and R&D under one roof.

spot_img
spot_img
Frank Cahill
Frank Cahillhttps://www.frankcahill.com
Publisher of Parsippany Focus since 1989 and Morris Focus since January 1, 2019, both covering a wide range of events. Mr. Cahill serves as the Executive Board Member of the Parsippany Area Chamber of Commerce, President Kiwanis Club of Tri-Town, and Chairman of the Parsippany-Troy Hills Economic Development Advisory Board. Owner of the Morris now app serving small business in Morris County.
RECENTLY POSTED
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Click on image to read magazine

spot_img
spot_img

MORRIS COUNTY

Translate »