The tenant was represented in the negotiations by CB RichardEllis. Binswanger/Klatskin represented the owner of the building,ProLogis.

Terms of the lease were not disclosed; however, OMS is moving toa location that's less pricey than its existing two sites, both ofwhich are located in the Meadowlands submarket in Northern NewJersey. The company is combining those two operations at One NixonLane, which is situated near Exit 10 of the New Jersey Turnpike inthe central part of the state. Industrial rents generally run about20% less here than in the Meadowlands submarket.

"As a leading distribution services company, it was importantfor them to be strategically located within the state," says CBRichard Ellis vice president Matthew Corpuel. "In addition, we wereable to secure them a quality building at a substantial rentsavings in comparison to similar facilities in the Meadowlands,"continues Corpuel, who notes that the facility is also near Route440, Interstate 287 and the Garden State Parkway.