Simultaneous to the facility's completion, its initial tenanthas also moved in. Alliant Techsystems, a Minneapolis-basedaerospace and defense engineering company, has taken 2,850 sf for afield office.

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"From startingconstruction in February until now, the development processhas gone extremely smoothly," says Brian Banaszynski, vicepresident of leasing for the Bedminster, NJ-based Advance RealtyGroup. "Alliant Techsystems is a long-time contractor with the USArmy, and getting this space finished quickly was very important tohelp the company expand some of its mission-related activities atthe arsenal."

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The initial building is within PARC's "downtown" area, aninitial development phase slated to total 100,000 sf of office andlab space. The long-term build-out of more than one million sf willencompass one- to three-story build-to-suit and multi-tenantbuildings including labs, class A office space and multi-purposeflex space for high-tech, defense, academic and other tenants.

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"We will soon announce additional tenants," Banaszynski says."Interested companies are attracted by Picatinny's $1.5 billion ofhigh technology equipment, the more than 60 high-tech laboratories,more than 2,000 on-base scientists, research, R&D andengineering personnel and many other intellectual assets, some ofwhich can only be found here.

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"We are receiving interest from government contractors atPicatinny, as well as from communications, electronics, homelanddefense and security, and emerging technology companies fromthroughout the US," he says.

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Advance is developing the PARC in conjunction with InSitechInc., a locally based partnership intermediary for the US Army'sPicatinny Arsenal/Armament Research, Development and EngineeringCenter. Picatinny Arsenal's main access is via Route 15, near afull interchange of I-80.

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