Sunday 24 February 2019

Jersey joust: Biotech firms are in a race for space in Northern New Jersey

Industrial tenants aren’t alone in the race for space in northern New Jersey. Biotech firms are also feeding demand. “There’s strong demand from [life science] companies, but with the industrial market so strong, there are limited options for them,” said Shawn Straka, a Morristown-based managing director in Cushman & Wakefield’s life sciences practice. “When you do find space, a lot of times you’re getting outbid [by] a warehouse user.” For life science companies, which often […]



source https://therealdeal.com/issues_articles/new-jersey-industrial-market-biotechnology-tenants/#new_tab

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