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First Pharmaceutical Company Comes to Hoboken, NJ: Swiss-Based Octapharma to Move...

Wed Jan 30, 2008 4:33pm EST
First Pharmaceutical Company Comes to Hoboken, NJ: Swiss-Based Octapharma to
Move U.S. Headquarters to SJP Properties Waterfront Corporate Center II
Dino Mattessich Brokers 15,204 Square Foot Lease at Class-A Office Tower

    HOBOKEN, N.J., Jan. 30 /PRNewswire/ -- SJP Properties, one of the largest
development companies in the New York metropolitan area, has announced that
Swiss-based Octapharma will relocate its U.S. headquarters to Waterfront
Corporate Center II, one of the most coveted office campus locations in the
Northeast. Octapharma, an independent, global plasma fraction specialist, will
move its U.S. marketing and sales operations from Virginia to the River Street
office tower, which sits on the edge of the Hudson River.
    Dino M. Mattessich, who recently joined Jones Lang LaSalle's Parsippany
office as a vice president, brokered the 15,204 square foot lease.
    "SJP Properties takes pride in meeting the facilities needs for many of
the world's premier corporations," said Steven M. Pozycki, senior vice
president of Parsippany-based SJP Properties. "We're very pleased to have
attracted the first pharmaceutical company to the City of Hoboken. New Jersey
has emerged as the national center of the pharmaceutical business sector so we
are confident Hoboken will become increasingly attractive to this industry. We
are equally proud that Waterfront Corporate Center has become a leading
destination for many of the world's premier corporations."
    The Waterfront Corporate Center is a joint venture between SJP Properties,
Prudential Insurance Company of America, the Port Authority of New York and
New Jersey, and the City of Hoboken. Once fully-built, the campus will include
nearly 1.5 million square feet of Class-A commercial and retail space with
spectacular unobstructed views of the New York City skyline and the Hudson
River.
    "We're very excited about bringing the first pharmaceutical company
headquarters to Hoboken," said Mattessich. "The city is truly experiencing a
renaissance, not just in office development, but also retail and residential
projects creating a vibrant 24/7 city. Congratulations to SJP Properties on
securing this prestigious tenant and for their leadership in the
transformation of Hoboken into a primary choice for office tenants."
    Waterfront Corporate Center offers the last available commercial office
high-rises in Hoboken, located directly on the Hudson River, just steps from
train, ferry and bus service to New York City and major points throughout New
Jersey.
    "There is no better location for Octapharma's United States headquarters
than at the Waterfront Corporate Center," said Flemming Nielsen, General
Manager of Octapharma USA. "We see our staffing needs tripling over the next
year, and this building gives us the room to expand. The New York and New
Jersey area also provides the talent pool we need to remain at the forefront
of our industry."
    The company will move to Hoboken in mid-February. The European-inspired
design concept behind the new executive offices of Octapharma was to create an
open and modern space reflective of their European culture and corporate
brand. The layout reflects perimeter offices with full height glass facades
allowing the interior spaces to enjoy both the natural daylight and
breathtaking views of Manhattan.
    "Waterfront Corporate Center II was one of the few properties capable of
fitting the complex needs of our company," said Nielsen. "The building is
stunning and the location is strategically ideal for our business."
    Waterfront Corporate Center I and Waterfront Corporate Center II together
comprise 943,000 square feet of world-class office space and ground level
retail and amenities, including a state-of-the-art fitness facility, PNC bank
branch, Chock Full of Nuts Café, Jos. A.  Bank Clothiers Inc. and Melting Pot.
The campus is already home to such distinguished tenants as Marsh & McLennan,
John Wiley & Sons' Global Headquarters, Sumitomo Trust and Banking, and Mizuho
Securities among other prestigious corporations.
    The third and final commercial office building on the campus, and the
Hoboken waterfront, will be Waterfront Corporate Center III, a 520,000 square
foot, 14-story, Class-A office tower. SJP Properties announced in November
that Waterfront Corporate Center III will seek Leadership in Energy and
Environmental Design (LEED) Silver certification from the U.S. Green Building
Council, making the building one of the largest LEED-certified commercial
developments in New Jersey.
    With SJP Properties commitment to also build its flagship 11 Times Square
as a LEED Gold certified tower, the company has launched one of the largest
environmentally responsible commercial development initiatives in the
Northeast. The 40-story, 1.1 million square foot Manhattan office tower is the
largest speculative commercial development under construction in New York City
and will be delivered to the market for tenant occupancy in late 2009.
    About SJP Properties
    For more than 25 years, SJP Properties has been setting the benchmark for
excellence in speculative, build-to-suit, investment and development services
of Class-A office space in the New York Metropolitan area serving major
multinational and national tenants. Throughout its history, the company has
developed in excess of 20 million square feet of headquarters-quality, Class-A
office space and currently has an additional 6 million square feet in its
development pipeline. SJP Properties is headquartered in Parsippany, New
Jersey. SJP Properties is presently developing over $1.5 billion of commercial
and residential properties in the New York metropolitan area, including 11
Times Square, a 1.1 million-square-foot commercial and retail tower that will
be delivered to the market in 2009. For more information on SJP Properties,
please call (973) 299-9117 or visit www.sjpproperties.com.
    About Jones Lang LaSalle
    Jones Lang LaSalle (NYSE: JLL), the only real estate money management and
services firm named to FORTUNE magazine's "100 Best Companies to Work For" and
Forbes magazine's "400 Best Big Companies," has approximately 160 offices
worldwide and operates in more than 450 cities in over 50 countries.  With
2006 revenue of more than $2.0 billion, the company provides comprehensive
integrated real estate and investment management expertise on a local,
regional and global level to owner, occupier and investor clients. Jones Lang
LaSalle is an industry leader in property and corporate facility management
services, with a portfolio of approximately 1.3 billion square feet worldwide.
In 2006, the firm completed capital markets sales and acquisitions, debt
financing, and equity placements on assets and portfolios valued at $70.9
billion. LaSalle Investment Management, the company's investment management
business, is one of the world's largest and most diverse real estate money
management firms, with approximately $46.9 billion of assets under management.
For further information, please visit our Web site, www.joneslanglasalle.com.
    About Octapharma
    Octapharma, a Swiss-based company, is an independent, global plasma
fractionation specialist. Its core business is the development, production and
sale of high quality plasma derivatives. From its foundation in 1983 the
company has grown to employ over 1800 people in 27 countries, including the
United States. Octapharma first opened offices in Virginia in 2004 before
relocating to Hoboken, N.J. in 2008.
    For more information, please visit www.octapharma.com.
SOURCE  Octapharma

Corinne Landolt of Octapharma, +1-703-766-4876,
corinne.landolt@octapharma.com



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