Celgene Buys Merck NJ Site

Source: NJ Biz

Jul 02, 2015

Celgene Corp. has agreed to purchase the vacant 1.3 million-square-foot Merck complex in Summit, New Jersey.

The city has been searching for a buyer since Merck announced plans in October 2013 to move its global headquarters to Kenilworth, NJ.

The site includes R&D facilities, laboratory and support buildings, manufacturing capabilities, storage, warehouse buildings and administrative office space.

Celgene is also in the process of finishing a 500,000-square-foot expansion of its headquarters, already located in Summit.

Read the NJ Biz press release