WEST CALDWELL, NJ-Alfa Wasserman, a global pharmaceutical company, is set to move its Schiapparelli Biosystems division into A.T. Realty’s 4 Henderson Drive here, pending completion of a project to reconstruct the 50,000-sf former warehouse and distribution building. Eastman Construction Co. of Livingston, NJ is construction manager for the rehabilitation project.

Schiapparelli will use it for operational, sales, R&D and lab purposes. The 50-year-old Bologna, Italy-based Alfa Wasserman, a prescription drug maker, acquired Schiapparelli Biosystems Inc. two years ago to break into the diagnostic side of the business in North America. Sciapparelli makes bioseparations and produces vaccines, and the division is moving to the new location from its former Fairfield, NJ headquarters.

Structural reconstruction of the building, which was conceived and designed by the Aztec Group of Iselin, NJ, entails construction of an atrium. Interior renovations included construction of offices, labs and a small assembly operations space. Total cost of the rehab project is just under $5 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.