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SJP Properties awarded $103.9 million in tax credits for Nokia research lab

Building is part of the HELIX tech hub development in New Brunswick, New Jersey
Nokia Bell Labs' new location will be in a 10-story building, known as H-2, in New Brunswick at the New Jersey Health + Life Science Exchange, or HELIX. (Nokia Bell Labs)
Nokia Bell Labs' new location will be in a 10-story building, known as H-2, in New Brunswick at the New Jersey Health + Life Science Exchange, or HELIX. (Nokia Bell Labs)
CoStar News
March 13, 2025 | 4:20 P.M.

SJP Properties has been awarded $103.9 million in tax incentives to develop the nearly 370,000-square-foot property that will house Nokia's industrial research arm at the proposed tech hub in downtown New Brunswick, New Jersey.

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