But the tightening market for space in New Jersey is sendinggrowing companies further south in the state. The most recentexample of this trend is the lease iNautix Technologies has signedfor 78,400 sf at Boston Properties' One Tower Center in EastBrunswick, a Middlesex County community 35 miles southwest ofNewark. iNautix is the technology unit of DLJdirect, the on-linebrokerage arm of Donaldson, Lufkin & Jenrette. The new tenantwill use the space as a technology development center, according toSuresh Kumar, president of iNautix.

The company is taking three floors at the 410,000-sf property,which recently underwent a multi-million-dollar renovation thatincluded upgrades of its five-story atrium lobby, elevators andpublic facilities. The building is connected to a 405-room HiltonHotel. Terms of the lease were not disclosed.

"We have repositioned One Tower Center as a class A building,and this lease is an indication that the effort is bearing fruit,"according to John Brandenbergh, vice president of marketing andleasing for Boston Properties in New Jersey. Brandenbergh was thein-house leasing rep for the building owner, while Ruth Ellman, SVPof DLJ Realty Services, handled the deal for iNautix.