JLL Retained to Market Suffern R&D Facility Zoned for Multiple Uses

JLL retained to market Suffern R&D facility zoned for multiple uses

Morristown-based JLL said Feb. 17 that it has been exclusively retained to market 1 Avon Place, a 235,000-square-foot Class A research and development facility in Suffern, N.Y., for sale and/or lease on behalf of Westchester County-based biotechnology company Regeneron. Suffern is adjacent to Mahwah. The three-story property, which was the former innovation center for global beauty brand Avon, is purpose-built for research and development and of…

Regeneron taps JLL to market ex-Avon research campus in Suffern for sale, lease – Real Estate NJ

1 Avon Place in Suffern, New York — Courtesy: JLL By Joshua Burd Regeneron is seeking a buyer or tenant for a well-known, 235,000-square-foot research and development campus just north of Bergen County, according to a listing team with JLL. The biotechnology company, which is based in Tarrytown, New York, acquired the former Avon complex in Suffern in late 2023 with plans to expand its own R&D capabilities. But it’s now looking to sell or lease …