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Chemical firm sells HQ.


The Staubach Company represented Chemetall Oakite, a specialty chemical A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant.  company, in the sale of its former headquarters facility at 50 Valley Road in Berkeley Heights, NJ, as well as the company's relocation to its new headquarters location at 675 Central Avenue in New Providence, New Jersey New Providence is a borough on the northwestern edge of Union County, New Jersey, United States. It is located on the Passaic River, which forms the county boundary with Morris County. As of the United States 2000 Census, the population was 11,907. .

The Staubach Corporate Services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners.  team of Steven L. Fleming, senior vice president; James J. Medenbach, senior vice president; Shawn Straka, vice president; and Francisco J. Cotilla, senior vice president, of Staubach's Design & Construction Consulting Services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
, represented Chemetall Oakite in these transactions.

Oakite's former headquarters, located at 50 Valley Road, is a 59,200 s/f flex facility that contains office, research and wet laboratory space. Connell Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 was the purchaser of this facility.

Oakite will relocate to 36,704 s/f in 675 Central Avenue, which is a 73,000 s/f facility, upon completion of its interior construction in late 2006.

Additionally, Staubach is providing project management services at its new headquarters location.
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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jul 12, 2006
Words:160
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