Energy Photovoltaics, Inc. (EPV), the thin-film solar energy products firm on Bakers Basin Road, is enjoying a growth spurt. It replaced its chief executive officer and is opening a 63,500 square-foot manufacturing facility at 8 Marlen Drive, Robbinsville.
“Our building size tripled,” says Delores Phillips of EPV. About 95 employees at the original site are staying on Bakers Basin Road, and the company expects to add another 50 manufacturing positions and 20 administrative positions by the end of this year. In addition to photovoltaic product sales throughout the world, EPV designs and builds thin-film photovoltaic product manufacturing systems.
Steve Tolcash of GVA Williams Buschman represented the landlord in this lease and Bill Barish of Commercial Property Network represented the tenant.
Scott T. Massie, the new CEO, replaces James F. Groelinger, who remains as president. Massie has bachelor’s and master’s degrees in physics from Virginia Polytechnic Institute and completed work for his PhD there. He is the former COO of Somerset-based EMCORE Corporation, which has photovoltaics as one of its four divisions. He has also been president of IQE Inc. and COO of Quantum Expitaxial Designs, Inc., a venture capital backed semiconductor company.
“My role at EPV will be to lead it through this period of unprecedented demand and make it a great solar company,” said Massie in a press release.
EPV (Energy Photovoltaics Inc.), 276 Bakers Basin Road, Box 7456, Princeton 08543-7456; 609-587-3000; fax, 609-587-5355. Scott T. Massie, CEO. www.epv.net
Hot Deals at 8A
ProLogis (PLO), 1 Capital Drive, Prologis Cranbury Business Park, Building 1, Suite 103, Cranbury 08512; 609-409-2120; fax, 609-409-1565. Lisa Clark, vice president, market officer. Home page: www.prologis.com
ProLogis has leased an Exit 8A warehouse, one built on speculation (meaning that it had signed no tenant when it broke ground) to LG Electronics USA Inc. The 750,000 square-foot deal, announced last week, is being billed as one of the biggest single industrial leases in New Jersey in the last 12 months. Terms were not disclosed.
Based in Englewood Cliffs, LG Electronics USA is the North American subsidiary of the global consumer electronics, appliances and mobile communications company. Paul Torosian of Trammell Crow (which has changed its name to CB Richard Ellis since that transaction) represented LG in the lease.
LG’s new stand-alone warehouse, which has frontage along the New Jersey Turnpike near Exit 8A, will be the main northeast distribution center for its consumer electronics and home appliance products. After the build-out is complete, LG expects to start moving in in mid February.
LG currently has two distribution centers in the Exit 8A area, including a 240,000 square-foot facility at 112 Melrich Road in South Brunswick Industrial Park, run by Ryder Logistics. It will consolidate these in the new building and have room for long-term expansion. LG also has a sales and technical support office for its iris recognition system on Clarke Drive in Cranbury.
ProLogis, based in Denver, is also the landlord for 665,000 square feet of LG Electronics space in southern California. Paul Loosmann, senior vice president of northeast operations, says that his firm has more than 18.7 million square feet owned, managed, or under development in New Jersey.
He points out that New Jersey has one of the four or five largest industrial markets in North America, along with Los Angeles, Chicago, and Toronto.
ProLogis (PLO), 1 Capital Drive, Prologis Cranbury Business Park, Building 1, Suite 103, Cranbury 08512; 609-409-2120; fax, 609-409-1565. Paul Loosmann, SVP, northeast operations. Home page: www.prologis.com
New at 8A
McMaster-Carr Supply Co., 200 New Canton Way, Robbinsville, Box 5370, Princeton 08543-5370; 609-223-4000; fax, 609-259-3575. www.mcmaster.com
McMaster Carr sold its flex warehouse at 473 Ridge Road in South Brunswick and in December moved to Matrix Business Park in Robbinsville, located just off of I-95 and just east of the New Jersey Turnpike.
Its new facility is next to the 456,000 square-foot Mercedes-Benz distribution center.
Freeze Inc., a sports apparel firm, paid $16 million for McMaster-Carr’s 318,389-square-foot facility on 28.21 acres.
The 25-year-old Ridge Road facility has 40,000 square feet of single-story office/call center space and 267,000 square feet of warehouse space. It has a card key security access system, 582 parking spaces, a full-service cafeteria and outdoor patio area, 11 office and meeting rooms, mail, and computer rooms.
The seller, McMaster Carr, was represented by Robert T. Morford of Garibaldi, Morford & Dodds/Corfac International, Gerald E. Moore of Corfac International, and Steven H. Podolsky of Podolsky Northstar/Corfac International. Charles Fern of Lee & Klatskin Associates represented the buyer.
“We received a very strong response for this property, as the South Brunswick industrial market is in high demand,” says Moore, pointing out that it is 3.5 miles from Exit 8A of the turnpike, and is convenient to ports and regional retailers.
Staubach, 7 Centre Drive, Suite 9, Monroe Township 08831; 908-771-0400; fax, 609-655-2855. Jon M. Compitello, associate, industrial services. Home page: www.staubach.com
Brian Knowles, along with Jon Compitello and Torey Piccini, opened an office of the commercial real estate firm that Roger Staubach established in Texas in 1977. This team does industrial real estate, so they moved from Murray Hill, New Jersey, to be closer to their clients at Exit 8A.
Psion TekLogix (PON), 1810 Airport Exchange, Suite 500, Erlanger KY 41018; 859-371-6006. Home page: www.psionteklogix.com
Psion Teklogix, a global firm that sells radio frequency identification devices, shut down a sales office on 7 Centre Drive when John Streppone, the regional vice president here, left the firm.
Headquartered in Kentucky, Psion Teklogix provides mobile workers with anytime, anywhere access to enterprise IT systems in demanding, rugged environments.
Owens & Minor Inc. (OMI), 180 Herrod Boulevard,
Dayton 08810; 609-395-7251; fax, 609-655-0861. Frank Finegan, manager. www.owens-minor.com
Owens & Minor opened a warehouse in Dayton last fall. Based in Virginia, the company offers supply-chain solutions, and it distributes name-brand medical and surgical supplies. Additional locations are in West Deptford, New Jersey, and Allentown, Pennsylvania.
Nano Firm Expands
To American Metro
Headwaters Technology Innovation LLC, 1501 New York Avenue, Lawrenceville 08648; 609-394-3102; fax, 609-394-9602. Bing Zhou, corporate vice president and CTO. Home page: www.headwaters.com
Space is so tight at Headwaters on New York Avenue that 10 design engineers will move to 6,300 square feet at the American Metro Center, perhaps as soon as April. All the Headwaters employees hope that this move will be sooner, rather than later, because they are cramped at the original site, says Bing Zhou, corporate vice president.
Zhou says that, when the engineers leave, he will have 60 full-timers plus a couple of dozen temporary workers and consultants, and he expects to hire five more employees soon. His part of the business is nano technology catalyst development. “The nano team is expanding significantly,” says Zhou. “We will be one of the few companies to make nano materials for commercial applications in the next few years.”
Headwaters CTL LLC, headed by vice president and CTO Theo Lee, is responsible for coal to liquids technology, and it does the engineering for commercial installations. The engineers will have to go back and forth from American Metro to their pilot plant at New York Avenue. The pilot plant generates data needed to do the commercial designs.
The company’s name has slightly changed, from Headwaters Technology Innovation Group, with hydrocarbon and nanokinetics divisions, to Headwaters Technology Innovation LLC.
Network General, 125 Half Mile Road, Red Bank 07701; 408-571-5000. Steve Bardsley. Home page: www.networkgeneral.com
Network General closed its 300 Alexander Park office in 2006, and 360 EP has subleased the space through 2009. Nevertheless, a Network General representative is working from a Red Bank location.
Based in San Jose, California, Network General bought this office and its intellectual property early in 2006. The office was founded as Fidelia Technologies by Vikar Aggarwal, and at the time of the sale Aggarwal said that Fidelia had shown a profit for three years. Fidelia’s Net Vigil software locates and identifies problems on Internet sites and data networks.
From Princeton to Princeton Junction
360ep Entertainment Property Management LLC, 300 Alexander Park, Suite 205, Princeton 08540; 609-919-1007; fax, 609-919-9792. Bill Jemas, partner. Home page: www.360ep.com
Bill Jemas’ move from 20 Nassau Street to Alexander Park represents a statement about the difference between Princeton and West Windsor, as it applies to the business climate. Though he lives in Princeton, Jemas finds the West Windsor space much more amenable to conducting a business. His new space had belonged to Fidelia Technologies, and he is subleasing through 2009.
Jemas has an entertainment properties management firm. A 1980 Rutgers graduate, Jemas went to Harvard Law School; he focused on licensing and promotions with the NBA and Madison Square Garden. Then, as COO and president from 1999 to 2004, Jemas led the turn-around to lead Marvel Comics out of bankruptcy. He left Marvel to found this consulting firm with his partner, Russ Brown (U.S. 1, March 20, 2005).
Now that the consulting side of the business is healthy, Jemas says he has started, in earnest, a creative division. 360ep will be publishing True Teen stories, comic books based on the lives of real people.
Though he admits that one of the charms of central New Jersey is its location, halfway between two big cities, Jemas professes to be confounded by how his home town, Princeton, resists building the transportation infrastructure that could accommodate additional business. “Princeton does not want to become a city. It likes being a college town,” says Jemas.
He also notes that residents have rejected high rise buildings, that might turn the town into a city. West Windsor, on the other hand, “is accommodating to people who want to have a business.”
“Princeton is not a business city, and West Windsor is not a business city, but between them, Princeton Junction is the lesser of two inconveniences,” says Jemas. In West Windsor, at least, the roads are set up so people can get in and out, which is not the case in Princeton. Says Jemas: “Try to find a sign in Princeton that directs people to Route 1.”
New in Town
Big East Wireless, 1325 Route 206 North, Skillman 08558; 609-688-6884; fax, 609-688-6885. Brian Park, owner. Expanding from stores in Somerset and Hillsborough, Big East Wireless opened a Verizon retail store at Montgomery Shopping Center in December.
John M. Cammarata Attorney at Law, 200 Scotch Road, Suite B, West Trenton 08628; 609-538-0395; fax, 609-538-1315.
John M. Cammarata opened a law office in West Trenton.
Junction Capital LP, 2 Research Way, Princeton 08540; 609-243-0082. Alex To, principal.
Junction Capital recently opened offices in Princeton. The firm’s principal, Alex To, formerly worked for Monadnock Valley Asset Management.
Orange Flower Connect, 41 Airpark Road, Suite 3, Princeton 08540; 609-688-0886. Chris Anhut. Home page: www.orangeflowerconnect.com
Orange Flower Connect, a flower wholesaler, has opened an office in Princeton. According to its website, it provides retailers with seasonal flowers from growers in Holland, Africa, England, and the United States.
MBH Legal Search LLC, 470 Wall Street, Princeton 08540; 609-683-1647. Michael Lipsky. Home page: www.mbhlegalsearch.com
Michael Lipsky expanded his legal recruitment firm at Research Park. A national firm, it has added two staff members, for a total of five, and it has offices in Atlanta and Washington, D.C.
“We work with the large multinational firms, the top 100 firms in the United States,” says Lipsky. His parents, Bob and Hannah, are both working in the business. His father, who had had an advertising agency named QLM Inc., is his son’s COO.
Michael Lipsky graduated from Rutgers in 1987, went to law school at Temple, clerked for Mercer County Judge Neil Shuster, and worked at Stark & Stark and Jackson & Buckley. At age 34 he took time out to work as a chef in Manhattan, but found that career to be “incredibly grueling labor with a long apprenticeship, where you make nothing and get no benefits.” He then worked at a large recruiting firm, founding his own in 2004.
“It is nice to be in a lucrative area as opposed to back breaking work where there will never be a payoff,” he says. His wife, Lori, is an attorney who had worked at Sotheby’s, and they have two preschool daughters.
Lipsky says his match making success comes from understanding the differences in cultures, from law firm to law firm: “It is rare to find a lawyer who is entirely
Primera Analytical Solutions, 259 Wall Street, Princeton 08540; 609-921-7715; fax, 609-921-7716. Bibo Xu, owner and lab director. Home page: www.primera-corp.com
Primera Analytical Solutions, an outsourcing company with pharmaceutical, biotech, and petrochemical clients, moved to a new location last year. It maintains a 4,000 square foot laboratory and a full line of analytical instruments.
Family and Children’s Services of Central New Jersey, 977 Route 33, Suite 101, Monroe 08831. 609-443-0575; fax, 609-443-1512. Tobie Goldstein LCSW MBA, clinical director. Home page: www.nj-counseling.org
Family & Children’s Services of Central New Jersey replaced its Hightstown Site, on Main Street, with one in Monroe Township. Phone and fax are new.
The nonprofit organization offers therapy for mental health and substance abuse, prevention, monitoring, education, case management, outreach and advocacy services in Mercer and Middlesex Counties.
Church & Dwight Co. Inc. (CHD), 469 North Harrison Street, CN 5297, Princeton 08543-5297; 609-683-5900; fax, 609-497-7177. James R. Craigie, president and CEO. Home page: www.churchdwight.com
Church & Dwight has leased 42,000 square feet at Thanet Circle, the former home of the Institute for Defense Analyses. The new owner of that 51,000 square foot building is GHP Realty of White Plains, New York. The building is fully leased. The first and only other tenant, the intellectual property law practice of Mathews Shepherd McKay and Bruneau, has moved in.
Church & Dwight officials declined to comment on whether this new space represents an expansion, or whether it will vacate current space at 100 and 101 Thanet.
ABB PPHV Division, 3 Independence Way, Princeton 08540; 732-932-6364; fax, 732-932-6211.
Asea Brown Boveri moved its Carnegie Center office of the Princeton Power High Voltage division (PPHV) to 3 Independence Way.
American General Financial Services, 2534 Route 1 North, Lawrenceville 08648; 609-530-0007; fax, 609-530-1799. Home page: www.aigag.com
Last year American General moved from Lawrence Commons at 3371 Route 1 South to a site on Route 1 North that is opposite Lawrenceville Shopping Center. A lending institution, it is a division of AIG, based in Evansville, Indiana.
ClearView Projects Inc., 103 Carnegie Center, Suite 200, Princeton 08540; 609-580-3608; fax, 609-580-0047. Jan S. Wolpert, CEO. Home page: www.clearviewprojects.com
ClearView Projects Inc., which provides biopharmaceutical companies with analytical and tactical support for strategic business transactions, including co-development and commercialization, in- and out-licensing, and mergers and acquisitions, has moved from 100 Overlook to 103 Carnegie Center.
LFL Veritas LLC, 3967 Princeton Pike, Suite B, Lawrenceville 08648; 609-688-0426; fax, 609-688-0220. Hal Levenson, president. Home page: www.lflveritas.com
LFL Veritas LLC moved from 1230 Parkway Avenue to 3967 Princeton Pike. The company has another office in Teaneck. The company offers management advisory, tax, accounting and auditing, and litigation support services as well as wealth management.
United Cerebral Palsy Associations of New Jersey, 1005 Whitehead Road Extension, Suite 1, Ewing 08638-2502; 609-882-4182; fax, 609-882-4054. Jack Mudge, executive director. www.cpofnj.org
United Cerebral Palsy Associations of New Jersey moved recently from 354 South Broad Street in Trenton to Ewing. The 40-person organization is a non-profit agency that provides a wide variety of services to children and adults with all types of disabilities.
Oce North America (OCENY), 820 Bear Tavern Road, Suite 201, Ewing 08628; 609-671-3300; fax, 609-883-5600. Home page: www.imagistics.com
The copier and fax machine business that formerly belonged to Pitney Bowes has moved from 300 Phillips Boulevard to Bear Tavern Road, but the phone and fax have not changed.
The name of this business has, however, changed — twice. Pitney Bowes, primarily known for its postage machines, spun its copy and fax machine business off to its shareholders in 2001, and named the firm Imagistics. That business was sold, in October, 2005, to a global firm based in the Netherlands, according to a spokesperson. It is now a wholly owned, operating entity of Oce, a manufacturer of digital printing devices. With branches in Europe and North America and 24,000 employees worldwide, its annual revenues are $4 billion. The headquarters of Oce, which has an accent mark over the E, is in Venlo, in the southeastern section of the Netherlands, near to Dusseldorf, Germany.
Pitney Bowes, 300 Phillips Boulevard, Suite 300, Ewing 08618; 609-895-9601; fax, 609-895-1513. Fred Tucci, manager.
Pitney Bowes, meanwhile, has 50 employees on Phillips Boulevard, and they are involved in the postage machine business. On Cranbury South River Road, in Jamesburg, it has an office services operation to serve a large client.
Discovery Semiconductors Inc., 119 Silvia Street, Ewing 08628; 609-434-1311; fax, 609-434-1317. Abhay Joshi, owner & CEO. Home page: www.chipsat.com
Discovery Semiconductors is supplying high power handling photo detectors to an opto-electronic oscillator developed in France. An opto-electronic oscillator uses light energy from a laser source and converts into electrical signals. “Suppliers are looking for small-size, lightweight oscillators for space projects,” says Jay Magbitang, sales engineer.
Founded in 1993 by Abhay Joshi, the company has 20 full-time equivalents on Silvia Street. It designs custom semiconductor chips for NASA and U.S. Air Force, as well as optical photoreceivers for telecommunications.
Princeton Social Capital Inc., Park City, Utah. 609-924-4504. Curt Bassett, CEO. Home page: www.princetonsocialcapital.com
Curt Bassett has moved to Park City, Utah, and with him went the main office of Princeton Social Capital, formerly at 55 Palmer Square West. The Princeton telephone still rings through to him, and he continues to serve clients on the east coast.
“It was a lifestyle change,” Bassett says of his move to the Rocky Mountains, “and a number of the clients we are working with are out here in the west.”
His consulting, investment, and education company (U.S. 1, March 17, 2004) has a broad range of activities involving non-profits and philanthropists. He and his associates offer expertise in philanthropy, foundation management, non-profit investment banking, non-profit organization law, social policy, social investment, research, planned giving and charitable tax giving. The company has a school that trains philanthropists, their staff, and their advisors through a combination of seminars and online courses.
ComGenex International LLC, Albany Molecular Research, 21 Corporate Circle, P.O. Box 15098, Albany, NY 12212. Home page: www.comgenex.com
ComGenex International, which does combinatorial chemistry for pharmaceuticals and agribusiness, was acquired in February, 2006, by Albany Molecular Research,Inc. In December the company closed its Princeton Corporate Plaza office at 7 Deer Park Drive in Monmouth Junction. Inquiries can be addressed to the office in Albany, New York.
NovaSoft Information Technology Corp. , 181 Washington Street, Suite 525, Conshohocken 19428; 609-588-5500; fax, 609-588-5577. Home page: www.isgnovasoftinfo.com
Last year NovaSoft left Route 1 South at Lawrence Commons and moved to suburban Philadelphia, but, says an employee, the phone is still a 609 number. About 25 people work in the Conshohocken office. Founded in 1993 by Neil Bhaskar, the company does E-commerce, migration and outsourcing applications, and training.
mPower Software Services Inc. (Mascon), 100 Thanet Road, Suite 300, Princeton 08540; 609-921-0225; fax, 609-921-6399. Ananth Raman, president. Home page: www.mpowerss.com
mPower Software Services Inc. has closed its office on Thanet Road. The company has not responded to phone messages. Founded to do core processing software for MasterCard and formerly known as Mascon ISC, it also does software consulting, client/server and mainframe, mainly for the insurance industry.
Home123 (NCEM), 99 Cherry Hill Road, Suite 110, Parsippany 07054-5799; 888-849-0129. www.home123.com
The Home123 mortgage company in Parsippany has closed its office at 116 Village Boulevard in Princeton. It is a subsidiary of California-based New Century Mortgage Corporation.
Stada Pharmaceuticals Inc., 5 Cedar Brook Drive, Cedar Brook Corporate Center, Cranbury 08512; 609-409-5999; fax, 609-409-5995. Christian Scheiner, president. www.stadausa.com
Stada Pharmaceuticals in Cranbury was acquired by DAVA Pharmaceuticals in Fort Lee in August and is closing the facility here. Two former employees moved to DAVA’s headquarters and the rest lost their jobs. Headquartered in Germany, Stada said that “high pricing and margin pressures in the U.S. generics market led to the decision.”
Before it was sold to Stada, this operation used to be called Mova Pharmaceutical (U.S. 1, September 20, 2000).
CLS Pharmaceuticals, 168 Second Avenue, New York 10003; 732-485-9700; fax, 212-673-7141. Home page: www.clspharm.com
CLS Pharmaceuticals, a developer of novel ophthalmic drugs, moved out of temporary space at 11 Deer Park Drive.
The Cancer Institute of New Jersey, 195 Little Albany Street, New Brunswick 08901; 732-235-2465; fax, 732-235-8094. Joseph R. Bertino, interim director. Home page: www.cinj.org
After 13 years at the Cancer Institute of New Jersey, William Hait will leave to work at Johnson & Johnson. He built CINJ from zero to flourishing; it has 500 staff members, a budget of $93 million, and a patient visit record of 72,000 per year. A translational researcher, meaning that he translates laboratory discoveries into patient treatments, Hait will be in charge of worldwide oncology research and development at J&J.
The interim director will be Joseph R. Bertino, who has worked at both Memorial Sloan-Kettering and Yale.
Kepner-Tregoe Inc., 17 Research Road, Box 704, Princeton 08542-0704; 609-921-2806; fax, 609-497-0130. Andrew Graham, president and CEO. Home page: www.kepner-tregoe.com
On January 1, Andrew Graham succeeded Bruce Keener as president and CEO; Graham had been president and COO the previous year.
Kepner-Tregoe’s intellectual property focuses on the rational processes of logical decision making. It has 60 people at its headquarters, just off Route 518, and 214 employees in 12 countries. David Drew, in charge of marketing, says that K-T’s “footprint” is augmented by those who license the intellectual property.
Graham, age 41, studied engineering at Liverpool John Moores University in the United Kingdom. He worked as an engineer at the former British Aerospace, now BAE Systems, in the United Kingdom and Japan, and he joined Kepner-Tregoe 12 years ago. He has worked in Australia, Japan, and Europe, where he managed operations in France, Germany, the Netherlands and the United Kingdom.
The firm was founded by Ben Tregoe, who died in 2005, and Chuck Kepner, who no longer has a close operational role with the firm. Cynthia Richetti, Tregoe’s daughter, runs the Tregoe Educational Forum. Located in the Kepner-Tregoe building, this not-for-profit organization aims to provide students with critical thinking skills (866-268-3980).
Amicus Therapeutics, 6 Cedar Brook Drive, Cranbury 08512; 609-662-2000; fax, 609-662-2001. John F. Crowley, CEO. www.amicustherapeutics.com
Amicus Therapeutics has received a grant from the Michael J. Fox Foundation for Parkinson’s Research to support research into a new treatment for Parkinson’s disease. Amicus is a biopharmaceutical company working on small-molecule, orally administered pharmacological chaperones for the treatment of human genetic diseases.
It uses small molecules to restore or improve biological activity in cells. The grant will jumpstart the evaluation of the company’s compounds in animal models of Parkinson’s disease.
Martin D. Kruskal, 81, on December 26. He was a mathematical physicist at Princeton Plasma Physics Laboratory. A memorial service will be Sunday, February 11, at 1:30 p.m. in Room A02, McDonnell Hall, Princeton University.
John J. Gavula, 55, on January 23. He was an attorney at the U.S. District Court and had worked at Hannoch Weisman. A service will be Saturday, February 17, at 1 p.m., at the Princeton University Chapel.
George J. Betteley Jr., 59, on January 30. He worked at Volkswagen of America Inc. on Station Road.