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In New Jersey, NEST project shows how leasing a lab can cost less than building one

Revlon is latest company drawn to existing R&D space that drugmaker Merck sold to a developer

The Northeast Science and Technology Center, or NEST, has signed New Jersey tenants including CoreWeave, an artificial intelligence cloud computing company. (CoStar)
The Northeast Science and Technology Center, or NEST, has signed New Jersey tenants including CoreWeave, an artificial intelligence cloud computing company. (CoStar)

A corporate campus redevelopment in New Jersey is conducting an experiment with laboratory real estate, and it's getting some positive results by luring tenants set on exploring cutting-edge technology without having to build state-of-the-art research space themselves.

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