SES AMERICOM Inks Long-Term Lease for Princeton Headquarters
September 3, 2004 -- Princeton, NJ SES AMERICOM, an SES Global Company ((Luxembourg and Frankfurt Stock Exchange: SESG), announced today that the company has renewed its lease for 110,000 square feet of space at 4 Research Way in the National Business Park College Park Office Center off Route 1 in Princeton.
Dean Olmstead, President and CEO of SES AMERICOM said that the company looks forward to continuing its long relationship with College Park and with the Princeton community. ?With its light-filled atrium, and outstanding design, Four Research Way is unique in the market and reflects the advanced thinking of our industry-leading operations. We have enjoyed being a part of the Princeton business community and look forward to additional growth here over the next decade.?
Vincent Marano, COO of National Business Parks, said that SES AMERICOM, a College Park tenant since 1984, has committed to another ten-year lease. ?We are extremely pleased to continue our association with AMERICOM and we will do everything in our power to merit their confidence in us.? Mr. Marano and NBP leasing executive, Tom Stange represented College Park owners, Lawrence Zirinsky Associates.
SES AMERICOM, Inc. is recognized as a pioneer and leading provider of global satellite communications services currently operating a fleet of 16 spacecraft in orbital positions providing services throughout the Americas, across Europe, over the Atlantic and Pacific oceans, and throughout Asia. As a member of the SES GLOBAL family, AMERICOM is able to provide end-to-end telecommunications solutions to any region in the world. SES AMERICOM key customers include ABC Radio Networks, AT&T Alascom, AOL TimeWarner, British Telecom, Deutsche Welle, Discovery, Fox, TV Guide/Gemstar, Gannett, HBO, Hughes Network Systems, Merlin, NBC, The New York Times, NHK, PaxNet, PBS, TELE Greenland, TV Europa, Verestar, and Viacom.
College Park has long been identified as a venue for companies involved in high-tech research and development and financial services firms. Tenants include Panasonic, FMC Corp., Hitachi, Orchid Biosciences, Bracco Research, and Bloomberg L.P. College Park contains 11 buildings, totaling 815,000 square feet of space. A major new addition involving a sophisticated 5-building office/research complex totaling 345,000 square feet has been announced for College Park. The new complex, which is being developed on a build-to-suit basis, is located on a site adjacent to the existing College Park campus on Route 1.
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Contact: Monica Morgan
SES AMERICOM
+1-609-987-4143;
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