UPS--which now occupies 189,000 square feet at 435 South St. inMorris Township--considered several other options before settlingon the Wayne property; these included staying in place, relocatingto a different New Jersey location or moving the entire operationout of the state to another facility in its system, according toConsiglio, whose company was retained in Jan. 2009 to study all ofthe New Jersey possibilities.

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"Bringing the employee base to Passaic County will be a hugeboost to the economy in the area," Consiglio said in a release."It's also great news for New Jersey since UPS decided not to leavethe state."

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At least part of the postal service's decision to stay in-statewas likely due to the allocation of state tax credits, which itwill receive under the Business Retention and Relocation AssistanceAct Grant, a program that was designed to keep jobs within NewJersey.

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UPS will begin moving employees into its new facility "beginningin, or around, August," according to Resource Realty's release. Thebuilding is not far from several other UPS locations in Paramus andMahwah, both of which house information services employees. For itspart, Prism is providing turn-key renovations, including aremodeled cafeteria.

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"We handled UPS' original lease on its Morris County facility in1994, and again when they renewed in 2004," Consiglio said. "Ourstrong, long-term relationship led them to ask us to search for newfacilities. The long-term lease is one of the largest office leasedeals in the state this year."

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