Drug maker sells, leases back space

Pharmaceutical maker Bristol-Myers Squibb Co. this week announced it sold and leased back four office buildings it occupies in New Jersey for an undisclosed price.

The company plans to occupy the class A space on a long-term basis.

Boston-based Eaton Vance Management purchased the 872,551-square-foot portfolio, which includes three buildings located at 777 Scudders Mill Road in Plainsboro, and one building located at 100 Nassau Park Blvd. in West Windsor.

The search for a buyer took six months, according to a press statement.

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.