NAIOP RECOGNIZES SANDOZ RELOACTION

100 COLLEGE ROAD WEST
AT PRINCETON FORRESTAL CENTER

The Commercial Real Estate Development Association (NAIOP) New Jersey Chapter awarded the Sandoz US Headquarters Relocation with the 2015 Impact Award at its 28th annual gala. The award recognizes firms that have a significant impact on New Jersey’s commercial and industrial real estate development industry and are distinguished industry trendsetters. The relocation provides a stellar example of New Jersey’s existing office inventory being repositioned for next-generation requirements. Cushman & Wakefield coordinated both the building’s lease (simultaneous to its purchase by Ivy Equities) and subsequent trade to ARC. Involved in the deal: Cushman & Wakefield, Ivy Equities, American Realty Capital, Sandoz Inc., and Princeton University/Picus Associates.