ISELIN, NJBASF Corp. is leasing almost 60,000 square feet at 33 Wood Avenue South, a class A, 137,400-square-foot office building owned by Metro Park Associates LLC. Jones Lang LaSalle brokered the lease for the chemical company, which is consolidating from two other locations.

BASF sought to consolidate its office presence for its Catalyst Division in Metropark New Jersey into one facility and engaged JLL to evaluate its options,” says Robert Ryan, JLL senior vice president, who represented BASF with Daniel Loughlin, managing director and brokerage lead for New Jersey, and Mark Siegler, executive vice president. The team worked closely with David Willison, national director of real estate and facilities for BASF. “With Willison's input and feedback from the user group we determined that 33 Wood Avenue South best met the company's needs after thoroughly evaluating existing and build-to-suit opportunities in the market. JLL successfully negotiated a long-term lease that satisfied all of BASF's criteria, including critical branding needs,” Ryan says.

BASF will occupy a portion of the first and the entire second, third, and fifth floors at 33 Wood Avenue South. The global chemical firm is consolidating into the property from a BASF-owned facility at 25 Middlesex-Essex Turnpike and from 101 Wood Avenue South, both in Iselin.

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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].