College Park resuffle.Unique, related lease transactions have reflected two major Princeton finns' requirements for larger quarters and a landlord's ability and willingness to accommodate long-term tenants while keeping its buildings at full occupancy. National Business Parks, managers of College Park at Princeton Forrestal Center has announced that SES AMERICOM SES Americom is a major commercial satellite operator based in the United States. Formerly RCA Americom and GE Americom the company is now (with SES Astra and SES New Skies) one of the principal parts of SES S.A.. , the largest provider of satellite services in the U.S., has leased an additional 19,000 s/f of space at 4 Research Way adding to the 110,000 s/f it already occupies and making it the sole occupant occupant n. 1) someone living in a residence or using premises, as a tenant or owner. 2) a person who takes possession of real property or a thing which has no known owner, intending to gain ownership. (See: occupancy) of the 128,595 s/f building. In a related transaction, another College Park tenant, NeoStrata, a developer and marketer of skin care products, which was formerly based at 4 Research Way since 1992, will be relocating to 32,000 s/f of space at 307 College Road East in an expansion move. "This is an excellent example of the advantages of a multi-building office park," said Vincent Marano, COO (Cell Of Origin) See mobile positioning. of National Business Parks, who announced details of the two long-term transactions. "Both SES AMERICOM and NeoStrata are long-time, valued tenants who have recently outgrown their present offices here. We were able to relocate re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. NeoStrata to 307 College Road East, where it already occupied 10,000 s/f as laboratory space. This provided them with the advantage of having all their facilities under one roof and allowed SES AMERICOM to occupy 4 Research Way, where it has been located since 1984, in its entirety. Mr. Marano and NBP NBP Narodowy Bank Polski (Polish: National Bank of Poland) NBP Name Binding Protocol NBP National Braille Press NBP National Bank of Pakistan NBP National Biosolids Partnership NBP Nathaniel B. leasing director, Tom Stange represented College Park owners, Lawrence Zirinsky Associates in both transactions. College Park, an 11- building office center fronting Route 1, has long been identified as a venue for companies involved in high-tech research and development and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firms. Tenants include Panasonic, FMC See fixed mobile convergence. Corp. Hitachi, Orchid Biosciences, Bracco Research, and Bloomberg L.P. A major new addition involving a sophisticated 5-building office/ research complex totaling 345,000 square feet has been announced for College Park. The new park, College Park 2, which is being developed on a build-to-suit basis, is located on a site adjacent to the existing College Park campus. |
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