Cushman & Wakefield Named Agent for Carlstadt Data Center/Co-Location Facility

FOR IMMEDIATE RELEASE
Paramus, New Jersey, United States of America (Free-Press-Release.com) April 18, 2011 -- CARLSTADT, N.J. – Commercial real estate services firm Cushman & Wakefield, Inc. has been named exclusive agent for 480 Gotham Parkway, a 58,683-square-foot data center/co-location facility in Carlstadt. Lee Miller and Marc Graham of the company's East Rutherford, N.J. office are handling the assignment for the property, which most recently is leased to JPMorgan Chase.

Immediately available for lease, 480 Gotham Parkway offers mission critical telecommunications and electrical systems, including 100 percent (N+1) redundancies, suitable for data center, disaster recovery, trading, and co-location operations. Also on-site are two motor generators, with pre-built capacity for a third unit, fueled by a 10,000-gallon above-ground tank along with two 250-gallon day tanks.

480 Gotham Parkway is a proven mission critical facility with Fortune 500 lineage. The asset was originally constructed by Comdisco, which subsequently combined another site and relocated to a larger facility just two miles away. 480 Gotham Parkway's subsequent tenants include Unisys, Washington Mutual, and American Express.

"Situated on 3.5 acres near the New Jersey Turnpike and Routes 3 and 120, the asset is just minutes from the Lincoln Tunnel to New York City, and Newark Liberty International Airport," said Miller. "All of the buildings’ systems have been expertly maintained to the highest standards by the owner, Wilson Associates, and by its corporate tenants. The building provides 75 watts per square foot deliverable and the ability to increase power if necessary."

The one-story facility includes front office mezzanine office space, and has approximately 40,000 square feet of 24-inch raised computer floor area. The site offers parking for 160 cars, with additional parking potential. Planned upgrades to the building by Wilson Associates include a new roof, new landscaping, and parking lot improvements and resurfacing.

"Due to the building's location and formidable mission critical infrastructure and robust connectivity, this facility has been operationally active since the day it was first constructed, and we anticipate considerable interest in this asset as it becomes available to the open market for the first time in 10 years," said Miller. "The property offers a great deal of flexibility for any user and is ready today to accommodate a new tenant with a floor plan that can be easily adapted to any type of operation quickly and economically."

carlstadt     Co-location     data center     Disaster Recovery     nj