A radiologic and therapy company has expanded its footprint in Millburn, buying a 5,000-square-foot flex space, according to real estate firm Sheldon Gross Realty.
Advanced Accelerator Applications, a Novartis company, purchased 45 E. Willow St., which is adjacent to its U.S. headquarters at 57 E. Willow St.
West Orange-based Sheldon Gross’ Barbara Gross and Bob Nathin brokered the transaction.
“We originally worked with AAA several years ago, in its acquisition of 57 E. Willow, which the company completely overhauled,” Gross said in a prepared statement. “More recently, the company needed to expand, but 45 E. Willow wasn’t on the market. We approached the owners and negotiated terms favorable to both parties. This, in turn, made it possible for AAA to keep its headquarters employees together at one location.”
Advanced Accelerator Applications was founded in 2002 and acquired by Novartis in 2018. It has 31 locations in 12 countries.