Sanofi’s US headquarters campus at 55 Corporate Drive in Bridgewater, NJ (Credit: CBRE)
As Sanofi keeps shrinking its US HQ footprint during pandemic, new owners scoop up its old campus
Sanofi’s US headquarters campus — still under lease for the next decade — has been sold as the pharma giant continues to downsize on-site during a pandemic that has forced a wholesale rethink of the way Big Pharma houses office staffers.
The REIT in charge of the sprawling campus in Bridgewater, NJ sold it off to new owners for $260 million. At one point, Sanofi — which has its world headquarters tucked into a Paris neighborhood near the Avenue des Champs-Élysées — occupied all 880,000 square feet of the 4-building complex. Now it’s down to 1, and shrinking.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.
