Piscataway, NJ - Samsung SDS America has renewed its 20,000-square-foot lease at 15 Corporate Place South in Piscataway, New Jersey.  GVA Williams New Jersey team of David Simson, president, Drew Persson, first vice president, and Joe Boiseau, director – corporate services, represented the landlord in this transaction, as the company serves as exclusive agent at the facility.  Paul March and John Oh of CB Richard Ellis represented Samsung.

"We are pleased to have secured this lease renewal at this exceptional facility," said David Simson.  "Samsung SDS America has occupied space at 15 Corporate Place South and by renewing, they are attesting to the outstanding quality of the facility, as well as to the new ownership’s professional on-site management, responsiveness and ability to offer attractive leasing deals."

Madison Capital is instituting additional improvements to 15 Corporate Place South including new exterior and interior signage and a new building cafeteria.  The high demand for quality space with these excellent amenities has led to significant activity in the building.

15 Corporate Place South, recently purchased by Madison Capital, is an institutional-quality, 160,000-square-foot office building, which was renovated in 1997.  All common areas were upgraded with high-end finishes and the building’s technological infrastructure is state-of-the-art with multiple fiber lines and a sophisticated energy management system.  15 Corporate Place South includes a unique atrium design with four stairwells situated between floors, thereby adding maximum flexibility for tenants.  Strategically located with easy access to Exits 6 and 7 of I-287.  15 Corporate Place South is set in a landscaped setting near such prestigious tenants as Verizon, Seimens and Nomura.

With regional headquarters in Parsippany, New Jersey, GVA Williams employs a staff of over 250 professionals in the Tri-State region.  GVA Williams is a full-service real estate firm that fulfills the needs of owners, investors and tenants, offering expertise in leasing, investment sales, mortgage brokerage, property, construction and asset management, as well as corporate services.  GVA Williams currently manages over 200 commercial properties occupying 19.1 million square feet in the Tri-State region.

GVA is an international organization of real estate industry leaders serving key markets in 35 countries. The organization comprises over 3,000 real estate professionals with 120 offices worldwide. In its last report, GVA partners collectively completed $ 13.5 billion in transactions and managed more than 110 million square feet of office, industrial, retail and specialized property.

A leading advisor in commercial real estate, GVA optimizes client portfolios locally and around the world.  It serves the real estate needs of clients including multinational corporations, major space users, developers, owners, institutions, lenders and investors.

For more information please contact the GVA Williams, Parsippany, New Jersey headquarters at 973-299-3000 or visit www.gvawilliams.com.