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ISELIN, NJ-Financial Technologies International has signed a long-term sublease with Prudential to occupy 46,000 sf – all of the 6th floor – of the 427,000-sf 194 Wood Avenue South. The property is located in the Metropark section of this community.

The New York-based FTI, which produces software for the financial services industry, will use the location for software development. The company was assisted in its site search by Jonathan B. Schultz and George Gemelos of The Schultz Organization/TCN Worldwide, Woodbridge, NJ; and Barrett Stern of Murray Hill Properties/TCN Worldwide of New York City.

“This transaction evolved over 12 months and involved surveying over 300 sites from Stamford [CT] to Trenton [NJ],” according to Stern. “This one was determined to offer the best combination of infrastructure, incentives and location.”

David Simson and Ken Abrahams of GVA Williams of New Jersey, Parsippany, represented the sublessor.

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