EAST RUTHERFORD, NJ, February 13, 2015 — Jones Lang LaSalle has been busy in recent months, inking 870,000 square-feet of lease and sales transactions for one of North America's largest IT solutions providers, SHI International.

JLL represented the technology firm in three separate New Jersey lease transactions, including the sale of one office property, the acquisition of another office building and the long-term lease of warehouse space. The global provider of information technology products and services sold 33 Knightsbridge Road in Piscataway, acquired 300 Davidson Avenue in Somerset and —as previously reported by GlobeSt.com—leased 10 Knox Drive in Piscataway.

The JLL team handling all three transactions was led by Shawn Straka and Steve Fleming, senior vice presidents, and John Buckley, vice president. The JLL team worked closely with Steve Alt, vice president of operations, with SHI International.

“SHI International continues to experience significant growth, and these transactions aligned the firm's real estate with its business needs,” says Straka. “JLL's broad platform of services allowed us to assist SHI with all of its real estate needs for the immediate future. Along with the disposition of its previous headquarters building, the firm tapped JLL to accommodate its growth needs with a new warehouse and additional office space.”

SHI sold 33 Knightsbridge Road, a 153,000 square-foot office building, in Piscataway to Rutgers for an undisclosed amount in September 2014. The firm had purchased the property in 2007 as its headquarters building but had outgrown the space. Cushman & Wakefield senior director Bill Brown represented the buyer.

As reported, SHI signed a 10-year lease with Trammell Crow Co. and Clarion Partners for the 305,751-square-foot 10 Knox Drive warehouse facility in Piscataway. The newly completed property will accommodate SHI's growing warehouse and configuration business. JLL's Nathan Demetsky, executive vice president, and Paul Torosian, managing director represented the building owner.

In December 2014, SHI acquired 300 Davidson Avenue in Somerset, a 414,000-square-foot office building, from MetLife Inc., for an undisclosed amount. The building is next to SHI's headquarters at 290 Davidson Avenue. MetLife will continue to occupy a significant portion of the property for an undisclosed period of time, and SHI will occupy a portion of the space in the building to accommodate its future growth. CBRE vice chairman Jeffrey Dunne represented MetLife.