PARSIPPANY, NJ—Plumbing and industrial products manufacturer John Guest USA will relocate its North American headquarters from Fairfield, NJ, into 60,600 square feet it leased at 20 East Halsey Road in Parsippany.
Colliers International's John Donnelly, based in the global commercial real estate services firm's Parsippany office, represented John Guest USA in orchestrating the long-term lease. Thomas Consiglio and Scott Peck from Resource Realty served as brokers for property owner GTJ REIT.
According to Donnelly, John Guest USA's growth in the plumbing market required an expanded space, driving the Northern New Jersey search for a new headquarters location.
“My client [Byron Woodard, president of John Guest North America] wanted to elevate the brand's presence commensurate with their growth trajectory at a high-profile, stand-alone facility,” he says. “The property at 20 East Halsey Road met these specifications beautifully, offering a large multi-purpose space, building signage and visibility from I-287. GTJ management recently renovated the building, raising the roof, upgrading the power and sprinkler systems, and updating the landscaping program. That proactive move played a big part in securing John Guest USA's commitment.”
The property includes a 15,000-square-foot office component, extra parking capacity and future building expansion potential. Donnelly says these features will enable Guest to grow in place. Guest, which makes push-fit fittings, valves, PEX pipe and LLDPE tubing, will occupy its new space during the second quarter of 2018.
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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].
