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BASF takes 250,000 s/f for headquarters and technology.


BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California)
BASF Badische Anilin und Soda Fabrik (German chemical products company)
BASF Builders Association of South Florida
 Corporation, the North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 affiliate of BASF AG BASF AG

German chemical and plastics manufacturing company. Founded in 1865, BASF (the full German name means “Baden Aniline and Soda Factory”) was part of the chemical cartel IG Farben from 1925 until 1945, when the latter was dissolved by the Allies.
, has completed two northern New Jersey office leases totaling nearly 250,000 s/f, announced Robert Donnelly of Cushman & Wakefield of New Jersey, Inc. Donnelly and Marc Rosenberg represented BASF in both transactions. Cushman & Wakefield is also representing BASF in the disposition of its headquarters in Mount Olive Mount Olive is the name of several places: United States of America
Cities and towns
  • Mount Olive, Alabama
  • Mount Olive, Illinois
  • Mount Olive, Mississippi
  • Mount Olive, Stokes County, North Carolina
, N.J.

In Florham Park, BASF leased 148,515 s/f at 100 Campus Drive. The facility will house the firm's new headquarters and executive offices. Jim Nugent, vice president of leasing at the Gale Company, represented his firm, which manages the 353,000 s/f class A office property.

In Rockaway Rockaway, narrow peninsula, c.10 mi (16 km) long, SW Long Island, SE N.Y., in Queens borough of New York City. Separating Jamaica Bay from the Atlantic Ocean and isolated from the rest of New York City, the densely populated peninsula owes its growth to road and rail  township, BASF leased a 95,500 s/f building at 333 Mount Hope Ave. The property, owned by Archon Group, will house BASF's technology operations. Sam Morreale, leasing director for Archon, was involved in negotiating the transaction.

"As a long-time northern New Jersey tenant, we are pleased to continue our commitment to the region," said Philip E. Kaplan, senior vice president and treasurer of BASF Corporation. "The strategy behind our move from Mount Olive mirrors corporate America's continued focus on operational efficiency. The Florham Park and Rockaway township properties are ideal for BASF's current requirements."

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Donnelly, the Mount Olive facility is drawing significant interest from the corporate community. The 154.5-acre site offers more than 1 million s/f of premier office space in five interconnected buildings, as well as additional development rights. Highlights include two parking garages for 2,350 cars, state-of-the-art technology and security systems, and other amenities. Located in Morris county, just off Exit 25 of Interstate in·ter·state  
adj.
Involving, existing between, or connecting two or more states.

n.
One of a system of highways extending between the major cities of the 48 contiguous United States.

Noun 1.
 80 at 3000 Continental Drive North, it is part of the 680-acre International Trade Center campus. BASF has occupied the property since 1994.

"It comes as no surprise that we have received a very positive response to the offering," Donnelly said. "The completed office buildings are of the highest quality, and setting and amenities are world-class. It is one of the greatest opportunities ever available for major corporations to gain access to such a high-end suburban campus."
COPYRIGHT 2004 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:New Jersey
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jul 7, 2004
Words:348
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Next Article:Liberty Hall wins a TOBY.(New Jersey)(Building of the Year Award)(Liberty Hall Corporate Center)(Brief Article)
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