BASF Takes 325,000 SF at The Green at Florham Park
- Jun 21, 2010
June 21, 2010
By Allison Landa, News Editor
The chemical firm BASF Corp. has signed a lease with Rockefeller Group Development Corp. to occupy a new 325,000-square-foot building to be developed by Rockefeller at The Green at Florham Park, N.J. The company has been based in Florham Park since 2004.
The $100 million new building, on which construction will begin in July, will be home to BASF’s headquarters. Occupancy is expected by mid-2012, and Rockefeller is angling to qualify for LEED certification.
“They are going for an LEED-platinum building,” Cushman & Wakefield vice chairman Robert Donnelly, who advised BASF in the deal, told CPE. “I think this is very significant for the market. … In order for BASF to get the type of space their leadership wanted, they needed to create it. It didn’t exist in the market.”
The Green at Florham Park is a 268-acre master-planned community designed to accommodate more than 800,000 square feet of office space, a full-service hotel, a 425-unit adult residential community, and a 27-acre site that is home to the Atlantic Health New York Jets Training Center.