PARSIPPANY, NJ—Quantex Laboratories has signed a 13,000-sq.-ft. sublease at 3000 Eastpark Boulevard in Cranbury, N.J. The company is subleasing a portion of Ligan Pharmaceutical’s space in the building and has relocated from its space in Edison.
Colliers’s Dick Hecker, managing director, represented Quantex in the transaction, while the company’s John Cunningham, executive managing director, represented the sublandlord, Ligand Pharmaceuticals. Ligand leases the entire 65,000-sq.-ft. 3000 Eastpark Boulevard building.
“Quantex was in search of an existing laboratory space to accommodate its growth needs,” said Hecker. “The Ligand sublease opportunity features a specialized R&D infrastructure that creates great value and savings for life sciences companies.”
Located on Route 130 in Cranbury, 3000 Eastpark Boulevard is in close proximity to theTurnpike and Princeton.