GLOBAL PHARMACEUTICAL PICKS STRATEGIC LOCATION

100 COLLEGE ROAD WEST
AT PRINCETON FORRESTAL CENTER

Sandoz Inc., the generic pharmaceuticals division of Novartis, has signed a 12-year lease to relocate its U.S. headquarters to 100 College Road West within the Princeton Forrestal Center. They will be the sole occupant of the 154,000-square-foot building which is being renovated with an upgraded lobby and cafeteria, new meeting rooms and improvements to achieve Leadership in Energy and Environmental Design Silver certification. The investment demonstrates a commitment to create an HQ that meets long-term needs at a strategic location with coveted Route 1 frontage and proximity to the mixed-use Princeton Forrestal Village with retail, restaurants and hotels. Involved in the deal: Cushman & Wakefield, Ivy Equities, American Realty Capital, Sandoz Inc., and Princeton University/Picus Associates.