Johnson & Johnson campus sold.

North Brunswick TOD Associates, LLC, an affiliate of Garden Homes and Garden Commercial Properties, based in Kendall Park, N.J., has acquired the former Johnson & Johnson North Brunswick Campus, in Middlesex County, N.J., announced Jonathan Frieder, managing partner for the ownership group and developers. The terms of the sale were not disclosed.

Initially, plans for the existing 1.2 million square feet of warehouse, office and laboratory buildings will focus on re-leasing the property to short-term tenants.

The company has retained Lee & Klatskin Associates to handle the leasing assignment.

"This property is well suited to a variety of tenants including those in need of warehousing, distribution, light manufacturing, laboratory and office space. We can subdivide the property into distribution, warehouse and light industrial spaces ranging from 30,000 square feet to 900,000 square feet," said Chuck Fern Of Lee & Klatskin.

"The 60,000 s/f of office and laboratory space can be subdivided into parcels as small as 5,000 s/f. We have already seen tremendous interest in this property by both long- and short-term tenants."

At the same time, the developer is in the process of conducting open public workshops with North Brunswick residents and area officials to explore opportunities for redevelopment of the 212-acre site located along Route 1 into a mixed-use Transit Village.

Concepts being explored include a rail station, a mix of office, retail, and residential space, as well as a hotel, restaurants and extensive parking facilities to serve the distinct, varied needs of commuters, business patrons and area residents.

The developer is also considering a civic component incorporating a youth center and a new Township library, an amphitheater, a police sub-station, as well as open space or "green plazas."

According to John Taikina, North Brunswick TOD Associates director of planning and development: "While only preliminary at this point, the redevelopment plan of this industrial property incorporates many of New Jersey's Smart Growth principles."

Garden Commercial Properties based in Short Hills, N. J. owns and manages more than 25 million square feet of retail and commercial space located throughout the US.