October 7, 2019
Healthcare data analytics company IQVIA inked a sublease for 115,000 square feet at 77 Corporate Dr. in Bridgewater, NJ.
CBRE’s Remy deVarenne and Sean Morley negotiated the sublease deal on behalf of sublandlord Legacy Investors. No outside brokers were identified for IQVIA, which was created by the 2016 merger of IMS Health and Quintiles.
This transaction allows IQVIA to consolidate multiple regional facilities. It also furthers the trend of life sciences and associated companies leasing space in the I-287/I-78 corridor, CBRE says.
“IQVIA conducted an exhaustive search of the region, specifically the Bridgewater market, a hub for the life sciences industry,” said Morley. “The company chose 77 Corporate Drive because of its unparalleled existing infrastructure and amenities.”
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