The class A property was built four years ago for the HoechstCorp., which later became Celanese Americas Corp. The companyoccupied the property as its US HQ until it relocated to itscurrent location in Summit, NJ last year. The company is asubsidiary of Celanese AG, a $4-billion chemical company based inKronberg, Germany.
Created by the merger of Bell Atlantic Mobile, AirTouchCellular, PrimeCo and GTE Wireless, Verizon needed the space toaccommodate its growing workforce in New Jersey. Insignia/ESG'sBleeker Totten, Robert Rudin and Remy de Varenne representedCelanese Americas in the 11-year-plus lease assignment.
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