BioReference Laboratories Renews 159,500 SF Industrial Lease at Elmwood Corporate Park in Elmwood Park, N.J.
BioReference Laboratories has renewed its laboratory and warehouse lease for nearly 160,000 square feet at 481 and 487 Edward H. Ross Drive in Elmwood Park, N.J. The buildings are part of Elmwood Corporate Park, a 274,000-square-foot corporate park owned and managed by Hackensack-based Alfred Sanzari Enterprises.
The transaction was negotiated in-house by Alfred Sanzari Enterprises. Christopher Olsen of Eagle Real Estate Group LLC represented the tenant.
BioReference Laboratories, Inc. is one of the largest and fastest growing full service diagnostic laboratories in the world, providing clinical testing services to physician offices, clinics, hospitals, long-term care facilities and employers while also advancing drug discovery and development with disease foundations, academic and pharmaceutical partners. BioReference Laboratories’ comprehensive testing capabilities and expertise spans molecular diagnostics, anatomical pathology, women’s health, oncology and rare disease genetics. BioReference Laboratories, and its subsidiaries, has an international presence in more than 50 countries.
In addition to occupying laboratory space at Elmwood Corporate Park, BioReference Laboratories also occupies approximately 52,000 square feet of office space at Elmwood Park Plaza, a 64,000-square-foot office building located within the complex.
“We have enjoyed a long relationship with BioReference Laboratories and are pleased the company has elected to renew its commitment to Elmwood Corporate Park,” said Jerry L. Barta, vice-president/director of leasing and marketing at Alfred Sanzari Enterprises. “With capabilities for office, laboratory and warehouse space, Elmwood Corporate Park provides the ideal setting for companies with multi-faceted space needs who desire flexible commercial space for the entire enterprise with convenient access to New York City and the region’s major roadways.”
Located at 481, 487 and 491 Edward Ross Drive in Elmwood Park, Elmwood Corporate Park is convenient to public transportation; near several major highways including I-80, the Garden State Parkway, New York State Thruway, New Jersey Turnpike and Route 46; and just 15 minutes away from the George Washington Bridge.
