The property asset involved in the transaction is located at 685 US Route 202 in Bridgewater, NJ. It is an office building classified as Class B, encompassing 9,624 square feet. The property provides extensive amenities and strategic access to major New Jersey highways and airports.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Tenant: Biocon Biologics
• Landlord's Representative: Drew Persson - Avison Young
• Tenant's Representatives: Charlie Parmelli, William O’Keefe & Justin Gingeleskie - The KRE Group - Cushman & Wakefield

The lease was finalized on 07/22/2024. Biocon Biologics has secured the office space for its new North American headquarters, with the negotiation handled by Drew Persson representing the landlord while the tenant was represented by a team from The KRE Group under Cushman & Wakefield.