Wednesday, December 21, 2005

Jones Lang LaSalle

ClinPhone Signs 42,000-SF US HQ Lease
By Eric Peterson
Last updated: December 20, 2005 01:47pm

EAST WINDSOR, NJ-ClinPhone Inc. has signed a lease for 42,136 sf of office space at Windsor Corporate Park and will move its US headquarters here from nearby Princeton, NJ. The company is a Nottingham, UK-based provider of technology support services for the pharmaceutical industry.

The tenant was represented by senior vice president Thomas Romano of GVA Williams Buschman of Lawrenceville, NJ. Romano and the firm’s executive vice president Steve Tolcash represented the owner of the property, Windsor Limited Partnership of NJ. Terms of the lease were not disclosed.

“ClinPhone is a rapidly expanding company,” says Romano, noting that the company’s new location is a 50% expansion from its existing location at 7 Roszel Rd. in Princeton. ClinPhone is moving into Building 100/200 at 50 Millstone Rd. within Windsor Corporate Park. The latter currently consists of four class A buildings totaling 287,065 sf, a complex that’s currently 85% leased.

The park is the 115-acre former Lockheed Martin complex which Windsor Limited Partnership of NJ acquired from that company in 1998 and began to redevelop the following year. The site has a build-out capability of an estimated 1.2 million sf of space.