Global Pharma Giant Allergan Signs Largest NJ Lease of 2016

5 Giralda Farms, Madison, NJ

MADISON, NJ—In the largest lease in New Jersey so far this year, global pharmaceutical giant Allergan is relocating its US headquarters to 5 Giralda Farms in Madison, NJ. Allergan leased the entire 431,495-square-foot property for a 13-year term.

Allergan, the company behind Botox, Juvéderm, Restasis and other leading pharmaceutical products, received more than $58 million in state incentives as part of the Grow New Jersey program, and worked closely with the mayor of Madison, Robert Conley, and Ray Codey, borough administrator, to allow for an above grade parking garage for the facility. The move to 5 Giralda Farms will consolidate three of Allergan’s existing New Jersey office facilities in Parsippany, Bridgewater and Jersey City, bringing 1,800 employees together in one state-of-the-art headquarters.