JLL unveils new lab space coming to College Park in Princeton

PRINCETON, N.J., May 6, 2025 – JLL announced today that work is underway to bring additional lab space to the College Park R&D campus in Princeton, New Jersey, following a full-building lease by leading cell therapy company The Made Scientific (formerly known as BioCentriq).

Owned by a joint venture of National Business Parks and ABS Partners Real Estate, College Park R&D campus is a six-building, 358,000-square-foot life science hub situated along College Rd. East in Princeton. Ownership announced earlier this year that The Made Scientific has leased the entire 56,845-square-foot, single-story lab building 201 College Rd. East bringing the campus to 87% leased. 

With no remaining existing lab availability at the campus, ownership is now renovating 307 College Rd. East, a 57,184-square-foot property with 46,735 square feet of available space. The comprehensive project includes a new roof, electrical and HVAC mechanicals to support R&D laboratory and specialized manufacturing uses, as well as new common areas. 

Designed to be divisible for up to three tenants, the renovation offers companies the opportunity to have input into the design of the new lab spaces. The campus itself features an additional 31-acres of land available for build-to-suit opportunities of up to 350,000 square feet.

A JLL team led by Managing Directors Robert Ryan, John Buckley and Thomas Romano serves as exclusive leasing agent for the College Park R&D campus.

Said Ryan, “As The Made Scientific joins our best-in-class roster of tenants, we are excited to also bring 307 College Rd. East and build-to-suit opportunities to the market. These options offer space tailored to the specific requirements of leading pharmaceutical and biomanufacturing firms, providing a rare opportunity to join a dynamic campus of industry-aligned peers in an innovative environment.”

New Jersey is tied as the leading state for life science manufacturing in the US, and the College Road Campus sits at the heart of this cluster dubbed Einstein Alley for its proliferation of premier research and development, office, pharma and technology tenants.

The campus is located within the 2,200-acre Princeton Forrestal Center, where notable tenants include Novo Nordisk, Inc., Princeton University, Siemens Corp., GenMab and Abbott Labs. The region has the highest concentration of biochemists and biophysicists in the world and a central location that allows companies to draw skilled employees not only from New Jersey, but also New York and Pennsylvania.

The six-building College Road R&D Campus is part of the broader 1,700-acre College Park at Princeton which features landscaped grounds and a bucolic setting that is easily accessible to Manhattan, Philadelphia and Washington D.C. New Jersey Transit’s Princeton Junction train station is minutes away, providing both NJ Transit service and Amtrak service on the Northeast corridor line, and both Newark Liberty International and Philadelphia International airports are within a one-hour drive. Nearby Trenton-Mercer Airport offers direct flights to several locations and can accommodate corporate jet travel.

Princeton itself offers a wide range of residential accommodations, restaurants, up-scale shops, hotels, conference centers, museums, libraries and theaters. It is home to the global research university, Princeton, which is consistently ranked among the world's top 10 educational institutions.

According to JLL’s Q4 2024 Life Science Insight, life sciences companies generated nearly 30% of leases signed in the state in 2024, the largest volume of activity among the various business sectors.

JLL is a leader in the New York tri-state commercial real estate market, with more than 2,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services.

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