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First Pharmaceutical Company Comes to Hoboken, NJ: Swiss-Based Octapharma to Move U.S. Headquarters to SJP Properties Waterfront Corporate Center II
Date:1/30/2008

e building on the campus, and the Hoboken waterfront, will be Waterfront Corporate Center III, a 520,000 square foot, 14-story, Class-A office tower. SJP Properties announced in November that Waterfront Corporate Center III will seek Leadership in Energy and Environmental Design (LEED) Silver certification from the U.S. Green Building Council, making the building one of the largest LEED-certified commercial developments in New Jersey.

With SJP Properties commitment to also build its flagship 11 Times Square as a LEED Gold certified tower, the company has launched one of the largest environmentally responsible commercial development initiatives in the Northeast. The 40-story, 1.1 million square foot Manhattan office tower is the largest speculative commercial development under construction in New York City and will be delivered to the market for tenant occupancy in late 2009.

About SJP Properties

For more than 25 years, SJP Properties has been setting the benchmark for excellence in speculative, build-to-suit, investment and development services of Class-A office space in the New York Metropolitan area serving major multinational and national tenants. Throughout its history, the company has developed in excess of 20 million square feet of headquarters-quality, Class-A office space and currently has an additional 6 million square feet in its development pipeline. SJP Properties is headquartered in Parsippany, New Jersey. SJP Properties is presently developing over $1.5 billion of commercial and residential properties in the New York metropolitan area, including 11 Times Square, a 1.1 million-square-foot commercial and retail tower that will be delivered to the market in 2009. For more information on SJP Properties, please call (973) 299-9117 or visit http://www.sjpproperties.com.

About Jones Lang LaSalle

Jones Lang LaSalle (NYSE:

SOURCE Octapharma
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