The CBRE team of Thomas Mallaney and Denise Kokulak have again renewed Hishi Plastics USA to continue its occupancy of its 40,000-square-foot office/manufacturing facility in Morris County. The team worked closely with Chris Vergano, general manager of operations, Hishi Plastics USA.
Hishi Plastics USA, a division of Mitsubishi Chemical America, was founded in 1985. From its state-of-the-art production facility in Lincoln Park, Hishi Plastics USA is a vertically integrated manufacturer of seamless heat shrinkable PVC and PETG tubing. Mitsubishi Chemical in Japan is a world leader in the manufacturer of plastic films.
“We are pleased to have had a new opportunity to work with Chris and to represent Hishi Plastics in this new long-term leasehold,” Mallaney said. “We also want to acknowledge the timely responses by the building ownership, Dominic Frassetto of the Frassetto Cos., who was instrumental in this transaction.”