PBMS will relocate roughly 70 employees currently housed at thefirm's Buffalo Road facility in Rochester to RTP. The lease beginsimmediately but Pitney Bowes will build out the space before takingoccupancy. Terms of the transaction have not been released.
Pitney Bowes chose RTP for "the reliability and abundance ofonsite power and the ability to control temperature and humiditythroughout the facility--both critical factors for our diversestate of the art service offerings," says Kerry Noble, general ofPitney Bowes Rochester Services Center.
Private real estate investment firm Cohen Asset Management Inc.owns and operates RTP, a five million-sf, 500-acre campus thatincludes office, high tech manufacturing, biotech, telco/datacenter, call center, warehouse, retail and hotel space.
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