IMS Health Inc. has leased a 120,000-square-foot office property in Parsippany, N.J., that it plans to purchase next year for an undisclosed price.

The pharmaceutical marketing and consulting firm will relocate its regional operation to 11 Waterview Blvd. from nearby Totowa this fall and intends to purchase the new building from the owner, UFP LP, in early 2008.

The building is part of the Waterview Corporate Center, which fronts on Route 46, at the intersection of I-80 and I-287, offering immediate highway access.

IMS Health, headquartered in Norwalk, Conn., operates in more than 100 countries and posted 2006 revenue of $2 billion, according to a press statement.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription