HomeReal Estate & DevelopmentRadiologic company, unit of Novartis, expands in Millburn

Radiologic company, unit of Novartis, expands in Millburn

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.

Related Articles

00:00:55

Video: Bergen New Bridge Medical Center celebrates emergency department expansion

ROI-NJ was on site as Bergen New Bridge Medical Center officially celebrated the opening of its expanded emergency department with a ribbon-cutting ceremony attended...

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...

Bristol Myers Squibb signs to Life Science Cares National Campaign to advance health equity and fight food insecurity

Bristol Myers Squibb (BMS) announced Feb. 12 that it will be an inaugural partner to Life Science Cares in support of its national campaign...

Hexaware partners with CareInsight for AI-driven health care transformation

Hexaware Technologies, a global provider of IT services and solutions based in Iselin, announced a strategic partnership with CareInsight, an AI-native health care technology...

JLL secures $86.2M loan for 355K SF Bridge Point Bayonne

 JLL Capital Markets announced that it has arranged $86.2 million in bridge financing for Bridge Point Bayonne, a newly constructed Class A warehouse and...

BioNJ elects board officers and trustees

BioNJ, the state’s largest life sciences trade association, recently elected its 2026 officers and board members at its 33rd Annual Dinner Meeting and Innovation...

Latest Articles

State Treasury: January major revenue collections stable

The Department of the Treasury reported that January revenue collections for the major taxes totaled $5.399 billion, up $72.8 million, or 1.4% over last...

Appeals Court ruling allows funding to proceed for Gateway Tunnel project

A U.S Appeals Court declined Feb. 12 to block a lower court’s temporary restraining order, allowing funding to move forward for the $16 billion...
00:00:55

Video: Bergen New Bridge Medical Center celebrates emergency department expansion

ROI-NJ was on site as Bergen New Bridge Medical Center officially celebrated the opening of its expanded emergency department with a ribbon-cutting ceremony attended...

Allegiant begins nonstop service from Atlantic City to 2 Florida destinations

Discount airline Allegiant Air began service Feb. 13 from Atlantic City International Airport to two Florida destinations – Punta Gorda and St. Petersburg.  As an...

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...

ROI-NJ: Women of Inspiration – Kelly Crawford, Riker Danzig LLP co-chair

In the legal profession today, women hold more than 50% of private- and public-sector positions. Unfortunately, only 12-25% of law firms have women serving...

Latest Articles

State Treasury: January major revenue collections stable

The Department of the Treasury reported that January revenue collections for the major taxes totaled $5.399 billion, up $72.8 million, or 1.4% over last...

Appeals Court ruling allows funding to proceed for Gateway Tunnel project

A U.S Appeals Court declined Feb. 12 to block a lower court’s temporary restraining order, allowing funding to move forward for the $16 billion...

Video: Bergen New Bridge Medical Center celebrates emergency department expansion

ROI-NJ was on site as Bergen New Bridge Medical Center officially celebrated the opening of its expanded emergency department with a ribbon-cutting ceremony attended...

Allegiant begins nonstop service from Atlantic City to 2 Florida destinations

Discount airline Allegiant Air began service Feb. 13 from Atlantic City International Airport to two Florida destinations – Punta Gorda and St. Petersburg.  As an...

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...