SHI International, a Somerset-based IT solutions provider, has purchased a building at the Rockefeller Group Logistics Center in Piscataway for $59.5 million, according to joint venture partners Rockefeller Group and PCCP LLC.
The developers said SHI will use the 396,750-square-foot building at 400 Ridge Road, which it is referring to as the Ridge Integration Facility, primarily for IT configuration.
“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,” Heath Abramsohn, vice president and regional director, New Jersey/Pennsylvania, Rockefeller Group, said. “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 new facility will expand on SHI’s ability to support advanced data center functions and will feature 36-foot ceilings; an 8,000 amp; a full building backup generator; a chiller plant for tenant data/software equipment; and more. It will also be staffed by a team of 120.
“This new facility allows SHI to scale with customer demand as organizations increasingly adopt and deploy hybrid cloud and data center technologies,” Thai Lee, CEO and president of SHI, said. “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.”
The developers said this is the fourth building at the site to be purchased. There is one remaining building, totaling 200,000 square feet, currently under construction and expected to be completed and leased later this month.
Stan Danzig, Jules Nissim and Marc Petrella of Cushman & Wakefield represented the seller. Shawn Straka of the same firm represented the buyer.
More from ROI-NJ on SHI:
- SHI will soon open 400K sq.ft. data center in Piscataway
- SHI posts $7.57B in revenue year-to-date, up 8% year-over-year