Biotech signs for nearly 13K sq. ft. in Bedminster

A biotechnology company has signed a lease at a Bedminster office park, according to real estate firm JLL.

Tessa Therapeutics signed for 12,828 square feet at 1 Crossroads Drive, part of Eden Wood Realty Crossroads Business Center. The center is a 136,000-square-foot Class A complex at 1 & 2 Crossroads Drive, owned by Whippany-based Eden Wood Realty.

JLL’s Susan Mason and Robert Ryan, executive vice presidents, represented the landlord in the transaction. Avison Young’s Tom Giannone and Ron Ganter represented the tenant.

“1 Crossroads Drive is ideally positioned to accommodate biotech companies seeking high-quality space in close proximity to a highly educated labor pool and the region’s growing biotech industry,” Mason said in a prepared statement.

Singapore-based Tessa is a clinical-stage biotech developing cell therapies for cancer.