GS1 US Renews HQ Lease

LAWRENCEVILLE, NJ-The not-for-profit standards organization GS1 US has renewed its headquarters lease here at 1009 Lenox Dr. The lease includes an office reconfiguration to increase efficiency, reducing the total square footage from 57,000 to 48,000 square feet. Additional terms of the lease were not available by deadline.

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.