Petrucci Targets Life Sciences for 40,000-SF Building

FRANKLIN TWP., NJ-The J.G. Petrucci Co. Inc. has 40,000 sf vacant at its 60,000-sf 120 Belmont Dr. here, and the company is looking to take advantage of a state initiative to help fill the raw space. With the administration of Gov. James McGreevey making medical education and life sciences R&D a priority, Petrucci has jumped on the bandwagon to target that sector for potential tenants.

The region certainly has a track record in the field, with a landscape dotted with such names as Johnson & Johnson, Pharmacia (now part of Pfizer), Aventis, Roche Diagnostics and ImClone. Petrucci’s space is currently raw, according to the company’s Robert C. Kossar, and can be built-to-suit for life sciences companies, including turn-key lab fit-out.

“With the biotech/pharmaceutical industry continuing to expand in the Somerset County region, we are experiencing strong interest at the facility,” Kossar says.

The single-story building offers a combination of office and lab/tech space and is serviced by two high-density broadband conduit lines. Besides life sciences uses, the space can also be fitted out for data center and light manufacturing/assembly, according to Kossar.