The week in New Jersey Real Estate

Polluted Industrial Stes Not a Problem for Developers in New Jersey (paywall)
Lenders are more comfortable financing development of difficult sites; proximity to dense population centers is key.

Pfizer to Merge with Allergan in $160 Billion Deal (NYTimes)
The pharmaceutical giant Pfizer said on Monday that it had struck a $160 billion deal, including debt, to merge with Allergan, the maker of Botox, in one of the biggest takeovers in the health care industry.

Biotech and Life Sciences: Alive and Well in New Jersey (NJBiz)
New Jersey features 14 of the world’s top 20 pharmaceutical, medical technology and diagnostics companies, including Bristol-Myers Squibb, Novartis, Merck and Johnson & Johnson. Further, New Jersey is home to nearly 400 biotechnology companies, including Amicus Therapeutics, Chromocell, Celgene, Soligenix, Vicus, Roka Biosciences and PTC Therapeutics.

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