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Article: Wells REIT Acquires Aventis HQ in New Jersey.
- Article from:
- PR Newswire
- Article date:
- August 14, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA, Aug. 14 /PRNewswire/ -- Wells Real Estate Investment Trust, Inc. (Wells REIT) has acquired a 300,000-square-foot, Class-A office building in suburban Bridgewater, New Jersey. Terms were not disclosed.
The eight-story building, known as 200 Bridgewater Crossing, is fully leased to Aventis Pharmaceuticals, Inc., and serves as the company's corporate headquarters. Aventis is on a long-term lease through early 2012.
Aventis Pharmaceuticals is the U.S. operating subsidiary of French drugmaker Aventis S.A. The company develops, manufactures, and markets pharmaceutical products. Its two primary therapeutic areas are cardiovascular and respiratory ...