Larken Associates Inks 3,000-Square-Foot Commercial Lease to Help Biomedical Industrial Tenant Expand at Hillsborough Business Center
ShareLarken Associates announces it has negotiated a commercial lease with Bezwada Biomedical for 3,000 square feet of industrial/flex space at Hillsborough Business Center located at Stryker Lane in Hillsborough, NJ.
Situated across 100 acres in the bustling business and residential community of Hillsborough, NJ, Hillsborough Business Center offers 596,315 sf (+/-) of warehouse space for lease. Comprised of 27 buildings, the industrial/flex complex features a prime location one block east of Route 206 in Somerset County and is easily accessible from Routes 1, 22, and 206 as well as Interstates 78 and 287. The property is ideal for a range of tenant uses including research and development, lab, warehousing, distribution, light manufacturing and product assembly as well as fitness, recreation, medical and daycare.
The Hillsborough Business Center’s high level of flexibility coupled with the limited supply in New Jersey’s industrial/flex sector continues to make it an ideal place for a diverse group of tenants to call home. Our long-standing partnership with Bezwada Biomedical provides us with a deep understanding of their business needs, and it allowed us to find the perfect space in the Hillsborough Business Center’s to enable them to continue to grow their operations.
With units ranging from 1,125 square feet up to 40,000 square feet, the property can accommodate tenants of all sizes and each suite features separate entrances, 18-20’ clear ceilings, and tailboard and/or drive-in doors. Additionally, the commercial property offers ample parking as well as a fitness center and self-storage facility on-site. Bezwada Biomedical’s new office and warehousing space is in Building 8 of the Hillsborough Business Center, bringing the 25,362-square-foot building to full occupancy.
Founded in 2003 by Rao Bezwanda, a renowned chemist with over 40 years of experience, Bezwada Biomedical develops and manufactures innovative, proprietary and absorbable monomers and polymers for various biomedical applications and next-generation medical devices. Today, Bezwada’s team of qualified and skilled scientists have developed a strong technology and product portfolio of patented technology that have great potential in a wide range of biomedical and therapeutic applications such as medical devices, controlled drug delivery, tissue engineering, and wound healing & adhesion prevention.
Demonstrative of Larken Associates’ long-term ownership strategy and its commitment to fostering strong relationships, Bezwada Biomedical has been a Larken tenant for over 30 years. Over the years, Larken Associates has supported Bezwada’s growth and success through various transactions across three buildings at Hillsborough Business Center that have seen its footprint grow from 1,500 square feet to 9,000 square feet with its latest transaction.
“The Hillsborough Business Center’s high level of flexibility coupled with the limited supply in New Jersey’s industrial/flex sector continues to make it an ideal place for a diverse group of tenants to call home,” said Rob Marek, Executive Vice President of Raider Realty, the in-house brokerage division of Larken Associates. “Our long-standing partnership with Bezwada Biomedical provides us with a deep understanding of their business needs, and it allowed us to find the perfect space in the Hillsborough Business Center’s to enable them to continue to grow their operations.”
To learn more about available commercial and warehouse space for lease at Hillsborough Business Center, please visit https://www.larkenassociates.com/commercial-leasing/hillsborough-business-center
About Larken Associates
Larken Associates is a regional leader in commercial and residential real estate building, development and management. Leveraging over 50 years of experience, they are dedicated to bringing great spaces to live and work to life through a long-term ownership strategy and full suite of in-house capabilities. With a diverse commercial portfolio consisting of nearly three million square feet and 800 tenants across office, industrial, retail and mixed-use and approximately 2,000 owned and/or managed residential rental units across 22 unique communities, Larken Associates is deeply committed to the communities in which they work as well as the tenants and residents who call their buildings home. To learn more about Larken Associates, please visit us at https://www.larkenassociates.com/ and follow us on LinkedIn, Facebook, Twitter, and Instagram.
