Harlan Hollander, JD, and Peter Hamburger of Cushman & Wakefield in East Rutherford, brokered the long-term transaction on behalf of GS1 US. Steve Jennings of Radnor, PA-based building owner Brandywine Realty Trust served as his company's in-house representative. The annual lease rate was not disclosed, but the REIT's website listed average asking rents on Lenox Dr. between $28.50 and $33.00 per square foot.

"During the 10 years that GS1 US has been at 1009 Lenox Dr., the company has seen a number of changes, including a growing staff and the acquisition of another business. But with these adjustments, the space became a bit disjointed," Hollander tells GlobeSt.com. While the company looked at other regional properties and considered relocation, Hollander says that this building continues to provide the best location.

Cushman & Wakefield assisted GS1 US in selecting an architect and project manager for the office renovation, which will launch shortly. "The consolidation and reconfiguration certainly will streamline our operation," says Jon Mellor, GS1 US's director of external affairs. "We had expanded onto two floors and now will be in contiguous space on one floor. The end result will be better flow for our employees and a more efficient real estate strategy for our organization."