Although I agree with your general premise that things do not add up with BLP - a reasonable explanation for owning this facility - and it being on the market now could be fairly mundane.
IIRC Mills bought a large aerospace facility maybe a decade ago, for pennies
on the dollar (probably it was this one but not sure) when real estate was
much lower in price. At that time he was claiming that he was months away
from a commercial product. He failed to get to the commercial product - not
just once, but many times since then.
Consequently, he may have changed his entire business plan; foregoing any
prospect of manufacturing, and instead focusing on licensing others to do
the manufacturing... that is, he can ever deliver a marketable product.
Doubts about the SunCell are stronger than ever.
BLP may see several million in profit on this building, to add to the recent
haul - and/or to pay a handsome bonuses to RM. It has been privately rumored
that he draws an enormous salary for an R&D company - but there is no proof
of that in the public record.
From: Analog Fan
The details do not add up to me - for example, why on earth
does a company involved in speculative research spend millions to buy a
fifty thousand square foot building in New Jersey, when their team could fit
in a smaller leased lab?
493 EDINBURG RD, East Windsor Township owned by BLACKLIGHT
REAL ESTATE C/O R.MILLS - NJParcels.com New Jersey Property Data
<http://njparcels.com/property/1101/5/3>
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