Rockefeller Group, a leading real estate developer, owner and operator, along with joint venture partner PCCP LLC, announced Thursday Somerset-based SHI International purchased a 396,750-square-foot building in Rockefeller Group Logistics Center for $59.5 million.
Located at 400 Ridge Road in Piscataway, IT solutions provider SHI said it will use the building primarily for IT configuration. The new facility will expand SHI’s ability to support advanced data center solutions, including integration services that combine components from multiple manufacturers into ready-to-deploy rack systems.
SHI will have the increased capacity to power more than 150 racks simultaneously.
“The addition of SHI to Rockefeller Group Logistics Center shows the growing diversity of logistics parks, that they can attract uses other than warehousing and distribution,” said Heath Abramsohn, Rockefeller Group vice president and regional director for the New Jersey and Pennsylvania region. “SHI had a unique vision for their integration center, and we were able to accommodate them by developing a facility that could serve as a high-end IT configuration center with a large number of employees.”
The 396,750-square-foot building was developed specifically for an IT tenant. It features 36-foot clear ceiling heights; an 8,000 amp, primary service connection including a full building backup generator; a chiller plant for tenant data/software equipment; a steel platform mezzanine for specialized mechanical, electrical and plumbing equipment to support SHI’s data operation; and increased roof load to accommodate a solar rooftop application.
“This new facility allows SHI to scale with customer demand as organizations increasingly adopt and deploy hybrid cloud and data center technologies,” said Thai Lee, president and chief executive officer of SHI International. “Rockefeller Group Logistics Center has the infrastructure in place to support our technical needs and the location is ideal for our company as we continue to grow nationally. This state-of-the-art data center adds to our footprint in New Jersey, and positions SHI to have the largest IT integration footprint east of Chicago.”
Cushman & Wakefield’s Stan Danzig, Jules Nissim and Marc Petrella represented the seller. Cushman & Wakefield’s Shawn Straka represented the buyer.