Some 32,800 sf of that former Globespan space is located at 331 Newman Spring Rd. here, and Schultz turned right around and matched Jedai Broadband to the site. Jedai, a broadband service provider, has just signed a sublease with Globespan; terms and details of the transaction were not announced.

"The lease reflects the fact that activity is still strong here in Central New Jersey, especially among high-tech companies," according to Schultz. Schultz and CB Richard Ellis jointly closed the transaction.

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