inVentiv Health Leases 154,000 SF

SOMERSET, NJ-A provider of commercialization services for the pharmaceutical and healthcare industries, inVentiv Health, is leasing 154,035 square feet for its headquarters at 500 Atrium Dr.–a four-story, 174,220-square-foot building within the four-building, 900,000-square-foot Atrium Corporate Park here. For inVentiv, the deal signals a consolidation of four existing locations in Central New Jersey.

In one of New Jersey’s largest office signings in the past few years, inVentiv was represented by Walter Schoenberg and Christopher Kinum of Cushman & Wakefield. Owner LaSalle Investment Management was represented by Susan Mason, Thomas Reilly and Brian Cass, all of Jones Lang LaSalle’s Parsippany office. Specifically, Atrium Corporate Park is owned by LaSalle Income and Growth Fund IV.

When inVentiv moves into the building in July, the site will combine the company’s existing headquarters at 200 Cottontail Ln. here, along with a second building on Cottontail Lane, and two buildings in nearby Somerville occupied by the company’s Franklin Group and Strategyx divisions. The new 154,035-square-foot space is slightly greater than the four existing locations combined, according to company officials.