Work has begun to add laboratory space to the College Park R&D campus in Princeton, following a full-building lease by leading cell therapy company BioCentriq, Inc., now rebranded as Made Scientific, according to JLL.
The College Park R&D campus, owned by a joint venture of National Business Parks and ABS Partners Real Estate, is a six-building, 358,000-square-foot life science hub located along College Road East in Princeton. Ownership announced earlier this year that Made Scientific has leased the entire 56,845-square-foot, single-story lab building 201 College Road East bringing the campus to 87% leased.
Ownership is now renovating 307 College Road East, a 57,184-square-foot property with 46,735 square feet of available space. The project includes a new roof, electrical and HVAC mechanicals to support R&D laboratory and specialized manufacturing uses, as well as new common areas.
The renovation is designed to be divisible for up to three tenants; companies have the opportunity to have input into the design of the new lab spaces. The campus features an additional 31 acres available for build-to-suit opportunities of up to 350,000 square feet.
A JLL team led by Managing Directors Robert Ryan, John Buckley and Thomas Romano serves as exclusive leasing agent for the College Park R&D campus.
Said Ryan, “As Made Scientific joins our best-in-class roster of tenants, we are excited to also bring 307 College Road East and build-to-suit opportunities to the market. These options offer space tailored to the specific requirements of leading pharmaceutical and biomanufacturing firms, providing a rare opportunity to join a dynamic campus of industry-aligned peers in an innovative environment.”
New Jersey is among the state leaders for life-science manufacturing in the United States. According to JLL’s fourth-quarter 2024 Life Science Insight, life sciences companies generated nearly 30% of leases signed in the state in 2024, the largest volume of activity among the various business sectors.
The College Road campus, part of the 1,700-acre College Park at Princeton, is in the area dubbed Einstein Alley because of the presence of research and development, office, pharma, and technology tenants. The campus is within the 2,200-acre Princeton Forrestal Center whose tenants include Novo Nordisk, Inc.; Princeton University; Siemens Corp.; GenMab; and Abbott Labs. The region has one of the highest concentrations of biochemists and biophysicists in the world.
