PRINCETON, NJ—Dr. Reddy’s Laboratories has signed 106,500-sq.-ft. of office and lab space at College Park at Princeton Forrestal Center in Princeton, N.J. The global pharmaceutical company will occupy the entire 75,500 sq. ft. of space at 107 College Road East, as well as half of the space at 303 College Road East.
Jones Lang LaSalle’s Shawn Straka and Steve Fleming, both SVPs, and John Buckley, senior associate, represented the tenant in the transactions.
National Business Parks is the management arm of Lawrence Zirinsky Associates and manages the 12-building, 876,000-sq.-ft. College Park at Forrestal Center.
Dr. Reddy’s Laboratories will relocate its North American headquarters to 107 College Road East, while 303 College Road East will house the company’s U.S.-based research and development center. Occupancy is expected later this year.