IQVIA, which serves the health information technologies and clinical research industries, has signed a sublease for 115,000 sq. ft. of space at 77 Corporate Drive in Bridgewater. This transaction follows IQVIA’s recent IMS Health and Quintiles merger and allows the company to consolidate multiple regional facilities. It also furthers the trend of life sciences and associated companies leasing space in the I-287/I-78 corridor.
CBRE’s Remy deVarenne and Sean Morley negotiated the sublease deal on behalf of sublandlord, Legacy Investors.
“IQVIA conducted an exhaustive search of the region, specifically the Bridgewater market, a hub for the life sciences industry,” noted Morley, first vice president, CBRE. “The company chose 77 Corporate Drive because of its unparalleled existing infrastructure and amenities.”
Built and furnished from 2010-2013, the four-story office building features modern, open, highly efficient workspaces that can accommodate a high density of knowledge workers (over 200 seats per floor) with a market leading, 5/1000 parking ratio.
The property also offers a full service café, conference center and walking trails. There is approximately 90,000 sq. ft. of furnished, ready to occupy space that remains available for sublease, offering an exceptional environment, flexible sublease term and value pricing.
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