News: Northern New England

CBRE | Portsmouth leases 102,400 s/f of office and warehouse space at 166 Corporate Drive

Portsmouth, NH According to CBRE | Portsmouth, Lonza Biologics, Inc. has leased 102,400 s/f of warehouse space at 166 Corporate Dr. on the Pease Tradeport.

Lonza is a contract manufacturer of active pharmaceutical ingredients that are produced using their proprietary gene expression system for mammalian cell culture.  Lonza works with major biologics and pharmaceutical companies to provide them with the ingredients for their injectable medication.

Lonza’s manufacturing facility at 101 International Dr. has been in operation since 1996 and has 625 employees. Their location at 166 Corporate Dr. will be used as office and warehouse space.

Kent White of CBRE | Portsmouth represented the tenant and Dan Fallon of the Kane Company represented the landlord.

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