PISCATAWAY, NJ–SHI International, one of North America's largest IT solutions providers, has signed a long-term lease for 305,721 square feet at 10 Knox Drive, one of two industrial buildings located within South Washington Park, a 532,792 square foot industrial project located in the heart of the Northern New Jersey Industrial Market. SHI will relocate to the building in 2Q 2015.
Trammell Crow Company and joint venture partner Clarion Partners arranged the lease.
“We couldn't be more pleased with the demand and interest South Washington Park is garnering from leading corporations across a variety of industries,” says Andrew Mele, principal with Trammell Crow Company's NE Metro Business Unit. “The project has become a premier industrial park, helped to redefine this area and created jobs.”
10 Knox Drive features high ceiling heights, efficient loading areas, wide column spacing, and ESFR sprinkler systems. In addition to 10 Knox Drive, South Washington Park is also comprised of 30 Knox Drive, which has 227,042 square feet with 96,000 square feet remaining to be leased. South Washington Park is located less than one mile from Exit 6 of I-287 and approximately six miles from the Exit 10 Interchange of the New Jersey Turnpike in the Port District.
“The design features and location, with surrounding amenities, make this project unique. Ample car parking, and plenty of surrounding green space add to South Washington Park's appeal to higher-end or image oriented clients” says Joe Zingaro, asset manager with Clarion Partners.
JLL's Steve Fleming and Shawn Straka represented the tenant while Nate Demetsky and Paul Torosian represented ownership in the transaction.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
