X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MURRAY HILL, NJ-The Staubach Co., which has its New Jersey operations based here, has arranged two separate lease signings for The BOC Group Inc. Staubach’s managing principal, Daniel J. Loughlin, put together both of the deals on behalf of the tenant.

In the first transaction, The BOC Group, a world leader in the manufacture and supply of industrial gases and gas-handling technology, renewed its lease for the 48,000 sf that it currently occupies at 100 Corporate Drive in Lebanon, NJ. The facility is owned by The Gale Co. of Florham Park, NJ, which was represented in-house. BOC utilizes the space for its customer service operations and accounts payable functions.

In Philadelphia, meanwhile, BOC has signed a new lease for a total of just under 84,500 sf at 3501 Island Ave., a single-tenant manufacturing facility. The owner of the facility was not disclosed. Harry Thomes, a vice president in Staubach’s Philadelphia office, assisted in negotiating the transaction.

“Our objective is to work in a team environment to advise our corporate clients,” according to Loughlin, noting that Pete Garra, BOC’s director of real estate worked on the agreements in-house for the tenant. “The BOC Group is a long-term client of ours.”

The BOC Group is a worldwide operation serving some two million customers in more than 50 countries. Internationally, it has a roster of about 43,000 employees, and last year had sales totaling more than $6 billion.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.