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Genmab Expands US HQ in NJ to 270K SF
Colliers has negotiated a 12-year lease for Genmab, an international biotechnology company, to expand its space by 135,000 square feet at the Princeton Forrestal Innovation Park in Plainsboro, NJ. Genmab will now occupy a total of 270,000 square feet in the park.
The Colliers team, led by Charlie Hatfield, represented ownership, ThirdPoint Real Estate, in the deal. The property, located at 777 Scudders Mill Road, offers efficient and collaborative office space with 9’ ceilings and open floor concepts. The campus is part of a mixed-use community with amenities such as electric car chargers, conference facilities and wellness rooms.
“As the leading tenant on the property, Genmab’s expansion is a testament to the top-quality product ThirdPoint Real Estate continues to deliver,” said Hatfield. “The campus is the U.S. headquarters for several international firms who decided that the quality of amenities and general office environment far exceeds what the competition can offer.”
