Commercial real estate firm Advance Realty and CrossHarbor Capital Partners recently announced they have brought the Bridgewater-based New Jersey Center of Excellence to 80 percent occupancy with the addition of Avantor Performance Materials, Vertice Pharma and Matinas BioPharma.
“Since acquiring the Center of Excellence less than four years ago, we’ve worked tirelessly to transform it into a premier workplace destination that attracts the brightest stars of the life sciences and biopharmaceutical industries while providing early-stage companies the space and infrastructure they need to grow,” Peter Cocoziello, founder and CEO of Advance Realty, said.
Avantor will occupy 26,769 square feet at the Center of Excellence. Vertice, a pharmaceutical manufacturer and distributor, will occupy 4,491 square feet, while Matinas, a “superbug” anti-infective manufacturer, expanded its footprint to 14,446 square feet at the center.
“As we draw nearer to the start of construction on the residential and retail components of what will be a one-of-a-kind town center, it’s exciting to see our belief in the project validated by the incredible amount of leasing activity,” Cocoziello said.
Avantor was represented in lease negotiations by The Garibaldi Group Executive Managing Director Jerry Moore. Vertice was represented by John M. Cahill II, Keith Keppler and Howard Cross of Cresa New York. Matinas was represented by Savills Studley Managing Director Jack Feeney.