SUMMIT, NJ - Celgene Corporation has completed its purchase of the former Merck & Co., Inc. property located at 556 Morris Ave. The property features 850,000 square feet of administrative office space, and 450,000 square feet of Research & Development space.

The acquisiton by Summit-headquartered Celgene, an integrated, global pharmaceutical company, extends the company’s existing Hilltop City presence beyond its 86 Morris Ave. global headquarters location.  

Combined with the completion of construction of a new 550,000-squar- foot office building at its 86 Morris Ave. location, the purchase allows Celgene to concentrate its New Jersey operations at two campuses in close proximity in Summit.
 
 
“This acquisition marks an important milestone in our company’s growth in New Jersey and our long relationship as a proud resident of Summit,” said Bob Hugin, Chairman and CEO of Celgene.  “A vibrant biopharmaceutical sector benefits patients, the healthcare system, and our local communities. With this new site, and the soon to be completed new building at our headquarters location, we are building an even stronger presence in this great community.”
 
The 556 Morris Ave. site includes research and development facilities, laboratory and support buildings, manufacturing capabilities, storage, warehouse buildings, and administrative office space.

Merck announced it was leaving Summit in October, 2013 to consolidate its operations in Kenilworth.

“We are extremely pleased that Celgene will continue to develop and grow its highly successful business in its new, world-class Summit location,” said Summit Mayor Ellen Dickson. “Celgene is a long-standing community partner, and we anticipate them making the most of another exceptional property,”

Dickson added, “The announcement by Celgene, in early July, of its intention to acquire the property was a clear indication that the company values Summit as a great place to do business. Partnering with Celgene to bring about this important investment in the Summit community has been a priority for the City, and we look forward to working together with this outstanding organization for many years to come.”