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224,000-SF BMS Distribution Center Hits the Market

CRANBURY, NJ-Following its announcement earlier this year that the facility would be the victim of a consolidation, the pharmaceutical company has made its disposition status official by tapping the Garibaldi Group to move it.

By Eric Peteson | Updated on April 23, 2003

CRANBURY, NJ-Pharmaceutical giant Bristol-Myers Squibb has officially put its 224,000-sf distribution center here on the market, and has tapped the Chatham, NJ-based Garibaldi Group to either lease or sell the building for single or multiple tenant use. The facility became expendable in the wake of the company’s consolidation of its national distribution network, and as reported earlier this year by GlobeSt.com, the local operation will be moved to a newer facility in Indiana.

Handling the assignment for Garibaldi will be Robert T. Morford, Gerald E. Moore Jr., James Bortolotti and C.J. McCourt. The firm has a long track record with BMS, having handled many of the company’s real estate assignments dating back to 1987.

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