ISELIN, NJ—BASF Corp. is leasing almost 60,000 square feet at 33 Wood Avenue South, a class A, 137,400-square-foot office building owned by Metro Park Associates LLC. Jones Lang LaSalle brokered the lease for the chemical company, which is consolidating from two other locations.

“BASF sought to consolidate its office presence for its Catalyst Division in Metropark New Jersey into one facility and engaged JLL to evaluate its options,” says Robert Ryan, JLL senior vice president, who represented BASF with Daniel Loughlin, managing director and brokerage lead for New Jersey, and Mark Siegler, executive vice president. The team worked closely with David Willison, national director of real estate and facilities for BASF. “With Willison's input and feedback from the user group we determined that 33 Wood Avenue South best met the company's needs after thoroughly evaluating existing and build-to-suit opportunities in the market. JLL successfully negotiated a long-term lease that satisfied all of BASF's criteria, including critical branding needs,” Ryan says.

BASF will occupy a portion of the first and the entire second, third, and fifth floors at 33 Wood Avenue South. The global chemical firm is consolidating into the property from a BASF-owned facility at 25 Middlesex-Essex Turnpike and from 101 Wood Avenue South, both in Iselin.

JLL's Jonathan Meisel, managing director, and John Kaye and Peter Politi, vice presidents, represented building owner Metro Park Associates.

Scott Lesh, managing director with JLL's Project and Development Services group, and Dana Schneider, senior vice president with the firm's Energy and Sustainability Services team, worked in conjunction with the brokerage team to evaluate the infrastructure of possible locations for BASF. PDS will manage all aspects of BASF's build-out, incorporating ESS technology and standards to ensure the client's space achieves certification as a Leadership in Energy and Environmental Design Commercial Interior.

The building owner has nearly completed a multimillion dollar capital improvement program at the eight-story 33 Wood Avenue South, which is located near the intersection of Thornall Avenue, Wood Avenue South and Middlesex Essex Turnpike, a few blocks from Exits 131A and 131B on the Garden State Parkway. The renovations include a new, one-inch glass curtain wall that will greatly increase thermal efficiency, new HVAC new accent branding on the façade, new common areas, a new lobby, a renovated café and a fitness center with locker rooms.

Correction, 5/21/2015: Because of incorrect information provided by JLL, an earlier version of this story inaccurately referred to JLL's Product and Development Services group. The group is actually called the Project and Development Services group.