Inman

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.