August 3, 2017 Comments Off on Allergan, LifeCell Execute 283K-SF NJ Lease, Acquisition Views: 1067 National News, New Jersey, Northeast

Allergan, LifeCell Execute 283K-SF NJ Lease, Acquisition

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Allergan Sales LLC and subsidiary LifeCell Corp. completed a lease transaction and acquired two Branchburg Corporate Campus buildings owned by Murray Construction in Branchburg, NJ. The 75-acre development is located at the intersection of Route 202 South and Old York Road, roughly 50 miles west of NYC.

The deals involve a 12-year lease renewal signed at the 136,283-square-foot 1 Millennium that serves as the U.S. HQ for LifeCell. Simultaneously, the company acquired 4 Millennium Way, a 147,000-square-foot building for Allergan Sales to move into the park.

JLL’s Dan Loughlin and Jodie Matthews represented the tenant and buyer of the two buildings. NKF’s David Simson represented the seller and landlord.

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