NORTHERN, NJ — Trammell Crow Company and joint venture partner Clarion Partners announce that SHI International, one of North America’s largest IT solutions providers, has signed a long-term lease for 305,721 s/f at 10 Knox Dr., one of two industrial buildings located within South Washington Park, a 532,792 s/f industrial project located in the heart of the Northern New Jersey Industrial Market. SHI will relocate to the building in 2Q 2015.
“We couldn’t be more pleased with the demand and interest South Washington Park is garnering from leading corporations across a variety of industries,” said Andrew Mele, principal with Trammell Crow Company’s NE Metro Business Unit. “The project has become a premier industrial park, helped to redefine this area and created jobs.”
10 Knox Dr. features high ceiling heights, efficient loading areas, wide column spacing, and ESFR sprinkler systems. In addition to 10 Knox Dr., South Washington Park is also comprised of 30 Knox Dr., which features 227,042 s/f with 96,000 s/f remaining to be leased. South Washington Park is located less than one mile from Exit 6 of I-287 and approximately six miles from the Exit 10 Interchange of the New Jersey Turnpike in the Port District.
“The design features and location, with surrounding amenities, make this project unique. Ample car parking, and plenty of surrounding green space add to South Washington Park’s appeal to higher-end or image oriented clients” said Joe Zingaro, asset manager with Clarion Partners.
JLL’s Steve Fleming and Shawn Straka represented the tenant while Nate Demetsky and Paul Torosian represented ownership in the transaction.