Thursday, April 06, 2006

Jones Lang LaSalle

Enviro Firm Expands HQ to 30,000 SF
By Eric Peterson Last updated: April 6, 2006 10:24am

NEPTUNE, NJ-Groundwater & Environmental Services Inc. has expanded its corporate headquarters location here to just over 30,000 sf. The firm is adding 5,870 sf of space contiguous to its existing 24,200 sf.

GES’ location is within a 72,000-sf building that itself is part of a larger 330,000-sf corporate campus. The location is 1340 Campus Parkway, within Mack-Cali Realty’s Monmouth Shores Corporate Park.

The expansion, an additional lease, was arranged by Bryan Lisowski of Equis Corp. “The two separate leases were reevaluated and negotiated so that they would now be co-terminous for GES,” Lisowski says. “The landlord was able to provide the build-out space and approved locking in the current rental rate on the existing premises so it would expire with the new lease. By extending their current lease, we were able to provide future cost avoidance with the contiguous space.”