SJP Properties negotiates headquarters relocation.Degussa-Huls Corporation, a wholly-owned subsidiary of Degussa-Huls AG of Frankfurt, Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km). , is consolidating and relocating existing facilities in Ridgefield Park Ridgefield Park, village (1990 pop. 12,454), Bergen co., NE N.J., on the Hackensack River; inc. 1892. Chiefly residential, it manufactures some paper goods. and Somerset, New Jersey Somerset is a census-designated place and unincorporated area located at the eastermost section within Franklin Township, in Somerset County, New Jersey. As of the United States 2000 Census, the CDP population was 23,040. Somerset housed one of the first Marconi Wireless Stations. to 135,000 square feet in SJP SJP Sarah Jessica Parker (actress) SJP Students for Justice in Palestine SJP St. John's Preparatory School SJP Society of Japanese Pharmacopoeia SJP Singapore Justice Party SJP Saint Joseph's Preparatory School Properties' Morris Corporate Center IV in Parsippany. The move to the Class A office facility marks the second major tenant in less than four months to announce its commitment to Morris Corporate Center IV, where pharmaceutical manufacturer Aventis Aventis Is a pharmaceutical and lab assay testing company. It was formed in 1999 when Rhône-Poulenc S.A. merged with Hoechst AG. The merged company was based in Strasbourg, France. Sanofi-Aventis was formed in 2004 when Sanofi-Synthélabo purchased Aventis. Pharma leased 350,000 square feet for their North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. headquarters in December 1999. Morris Corporate Center IV is part of SJP's Morris Corporate Center, a 192-acre office park with 2.7 million square feet of space in Parsippany. Morris Corporate Center IV consists of two, 330,000 square-foot buildings totaling 700,000 square feet and offers both deck and surface parking. Construction on the first 350,000 square-foot building began in 1998 and was leased exclusively to Aventis Pharma. Construction on the second building began in December 1999 and will be completed in the fourth quarter of 2000. Degussa-Huls will take occupancy February 1, 2001. Each building has floor plates ranging from 42,000 to 38,000 square feet. "We are pleased to welcome Degussa-Huls Corporation's new North American headquarters to the newest phase of Morris Corporate Center," said Peter Eppie, executive vice president of SJP Properties. "Many of our tenants have chosen Morris Corporate Center as their global, national or regional headquarters. The companies that have located here, stay and grow here, because we offer our tenants a unique combination of office space, amenities and a superb location." "Degussa-Huls Corporation's objective was to find space in a quality building managed by a landlord with an excellent track record," said Dermis dermis: see skin. J. Taylor, executive vice president & general counsel at Degussa-Huls. "That objective was met when SJP offered us the Morris Corporate Center, a state-of-the-art facility in a strategic location for our North American headquarters." Since acquiring the property in 1984, SJP has developed a total of 1.65 million square feet of office space in four phases at the site in Morris Corporate Centers I, II, III and IV. The newest phase, Morris Corporate Center IV, already has 350,000 square feet built and will add an additional 350,000 square feet to the existing development. |
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