14B — June 12 - 25, 2015 — New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N ew J ersey James Postell facilitates relocation and build-out Transwestern represents tenant in 33,000 s/f HQ lease
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SELIN, NJ — Tran- swestern ’s New Jer- sey office announced it represented Helsinn Thera- peutics (U.S.), Inc., a global pharmaceutical company specializing in cancer treat- ments, in a 33,000 s/f lease for the company’s new U.S. operations headquarters. Transwestern’s Tenant Ad- visory Services team, led by partner James Postell , facilitated the relocation and expansion on behalf of Helsinn Therapeutics and worked closely with Tran- swestern’s project manage- I
pinpoint this ideal space for Helsinn Therapeutics’ U.S. operations,” said Postell. “The company’s relocation is representative of a larger trend in which pharmaceuti- cal companies are continuing to choose New Jersey for offices that are more condu- cive to their evolving space needs.” “As we continue to expand our U.S. operations, we felt now was an opportune time to relocate to an office space that better fits our needs,” said Helsinn Therapeutics’ representative, William Mann. “Once the Metropark area was identified as the right location for us, Tran- swestern’s understanding of the area and integrated ap- proach to leasing and project management were critical in helping us secure the ideal space.” The Woodbridge/Me- tropark submarket consists of 6.7 million s/f of office space with 13.6% vacancy at the close of first-quarter 2015, according to research by Transwestern. Helsinn Therapeutics’ on- going growth was a key focal point for Alan Zambarano , Transwestern’s senior proj- ect manager, and the rest of the project team, who worked to ensure that the office layout has the flexibil- ity necessary to address the company’s current and fu- ture space requirements. The Middlesex County property was built out to include new conference rooms, meeting areas and offices. Addition- ally, Transwestern equipped the space with video confer- encing capabilities, allowing Helsinn Therapeutics’ to communicate effectively with its corporate headquarters in Switzerland. “It’s always exciting to oversee an office project for an innovative company such as Helsinn Therapeutics,” said Zambarano. “Team- ing with leadership, we’ve implemented upgrades that have transformed the space into one of the most modern offices in New Jersey.” Located at the intersec- tion of Wood Ave. South and Middlesex Essex Turnpike, the building is situated at a confluence of major highways including the Garden State Parkway, U.S. Highways 1 and 9, I-287 and the New Jersey Turnpike. n
170 Wood Ave. South
Albert F. Chanese, SCGREAMAI | Jennifer Barany, SCGREA Michael Nwose, SCRREA
ment team on the office build-out at 170 Wood Ave. S. in Iselin. “The technology features, location and accessibility to transportation were all key factors that allowed us to
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