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New York & Tri-State  + New Jersey  + Industrial  |  June 28, 2023
Emily Fu
By: Emily Fu

LEG, H.I.G. Realty to Expand NJ Biotech Manufacturing Hub  

Lincoln Equities Group and H.I.G. Realty have partnered to develop three new specialty manufacturing buildings at the Princeton West Innovation Campus in New Jersey. The total space will be 380,000 square feet, designed to accommodate manufacturing needs in biotech, pharmaceuticals, nutrition, medical devices, and high-tech industries.  

“New Jersey remains one of the nation’s leading centers of life science innovation and the Princeton West Innovation Campus sits at its heart,” said Joel Bergstein, president of LEG. The announcement follows the lease of 56,000 square feet to Enzene Biosciences, a global biotech company from India. 

A JLL team led by Dan Loughlin, Bob Ryan, John Buckley and Jim Medenbach serves as marketing agent for the property and represented ownership, along with LEG’s Ken Flynn, in the lease with Enzene Biosciences. The tenant was represented by JLL’s Jason Benson and Dan Spero. 

Read More News Stories About: JLL
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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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