PRINCETON, N.J. — RXR Realty has completed a 67,531-square-foot, long-term lease with Otsuka America Pharmaceutical at University Square in Princeton. The lease is for a newly completed 313,000-square-foot Class A office building. Otsuka will occupy the entire top floor, which will consolidate and expand its East Coast operations from two separate existing facilities into one corporate headquarters. The building features a two-story atrium lobby, a health club, teleconferencing and training facilities and a full-service cafeteria. Otsuka was represented by Jane Monie and Lori Gaffney of Triad Realty, and David Simson represented RXR in-house in the transaction. University Square currently has approximately 245,469 square feet of available Class A office space.
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