Protecs Innovation Center Welcomes Two New Tenants in Logan Township

The Protecs Innovation Center, located at 'dermody logistic center at logan logan township, nj 08085', has announced the addition of two new tenants to its facility. This marks a significant milestone for the center, which is designed to provide lab space and life sciences services to companies in the region.

KorGene, a company that develops targeted and molecular diagnostics, will be leasing 8,259 square feet at the building. Meanwhile, ThirdLaw Technologies, a specialist in synthetic and computational chemistry, has signed an agreement to take 4,808 square feet of space at the center's 50,000-square-foot facility at 512 Township Line Road.

The limited supply of lab space in the region, combined with growing demand from life sciences occupiers, presents a favorable outlook for this asset going forward. The landlord plans to complete renovations by the end of the quarter, which will include modernizing common areas and updating the facade and hardscaping of the building.

These two new tenants were attracted to the existing lab infrastructure and required quick occupancy of the space, a trend that has become more prevalent during the pandemic. The suburban Philadelphia life sciences real estate market has remained strong despite the challenges posed by COVID-19.

The Protecs Innovation Center is part of a larger network of innovation hubs managed by Protecs LLC, a national design/build firm and construction management company focused on providing regulated high-tech industries with professional services for research and development and manufacturing operations. The center's parent company, 4 Valley Square Group, is led by Christopher R. DiPaolo, who is also the president and founder of Protecs LLC.

With these new tenants on board, the Protecs Innovation Center continues to solidify its position as a premier destination for life sciences companies in the region.

Dermody logistic center at logan logan township, nj 08085