Real estate firms tout former Bristol-Myers Squibb facility as an ‘innovation campus’

The Princeton West Innovation Campus in Hopewell, N.J. [Image courtesy of Bristol Myers Squibb]

Lincoln Equities Group and H.I.G. Realty Partners announced today that they’ve acquired the 1.2 million-square-foot life sciences campus that Bristol-Myers Squibb owned outside Princeton, N.J.

Brokerage firm JLL is helping the real estate outfits market the 433-acre “Princeton West Innovation Campus”  in Hopewell, N.J., to life sciences companies as a secure, multipurpose research and development (R&D) and biologic/pharmaceutical manufacturing campus.

“Given the current public health crisis, we anticipate pharmaceutical and life sciences manufacturers to consider ‘reshoring’ and expanding operations in the U.S.,” Joel Bergstein, president of Lincoln Equities Group, said in a news release. “This spacious, modern BMS campus — located in the center of ‘Einstein’s Alley’ in Central New Jersey — i…

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