Pioneer Industries currently occupies the Carlstadt property,but is expected to move on in the near future. Whitehall plans toconvert the facility into a high-tech/flex building and istargeting both single- and multi-tenant users. It's expected to beready for tenancy by next spring.

For its acquisition ventures, Whitehall has been funded to thetune of $75 million by the Whitehall Street Limited Partnership ofGoldman Sachs.

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