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Monday, September 06, 2010, 02:04 PM EDT
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SJP Properties Earns Energy Star Award for Superior Energy Efficiency at Morris Corporate Center IV in Parsippany, N.J.

Latest Recognition Builds on Company Track Record Delivering Region’s Most Advanced Green Office Environments

SJP Properties, one of the New York Metropolitan Area’s most active development companies, has announced that Buildings C and D at Morris Corporate Center IV have been awarded the U.S. Environmental Protection Agency’s prestigious Energy Star recognition, the national symbol for superior energy efficiency and environmental protection. Commercial buildings and industrial plants that rate in the top 25 percent of facilities in their peer group for energy efficiency are eligible to qualify for Energy Star.
With this announcement, Buildings C and D at Morris Corporate Center IV join the ranks of other SJP Energy Star properties, including Somerset Corporate Center II in Bridgewater, N.J. Commercial buildings that earn Energy Star recognition use an average of 40 percent less energy than typical buildings, and also release 35 percent less carbon dioxide into the atmosphere. The national energy performance rating system provides a 1 to 100 scale that helps organizations assess how effectively their buildings use energy relative to similar buildings nationwide. Buildings that earn a rating of 75 or higher are eligible for Energy Star.

“SJP Properties has committed itself to being a leader in sustainable development practices, and this latest Energy Star recognition for Morris Corporate Center IV is a great validation of our efforts,” stated Steven J. Pozycki, CEO of SJP Properties. “Tenants today demand work environments that incorporate energy efficiency technology, as they present numerous health-related and cost-saving benefits that enable companies to attract and retain talent and improve their overall productivity and business operations.”

As the premier office campus in Morris County, Morris Corporate Center IV boasts high-performance, energy efficient and environmentally responsible energy systems that produce low emissions and optimal indoor air quality. Morris Corporate Center IV, home of such prestigious corporations as Aventis Pharma, Pfizer and Evonik Degussa Corporation, is a multi-building development offering 700,000 square feet of world-class office space in the heart of Morris County, just one-half mile away from the four-way interchange of Interstates 80 and 287 and Routes 202 and 46, providing exceptional access to the surrounding area. Newark Liberty Airport is only 17 miles to the east of the campus, and Morristown Airport, used heavily by corporate executives, is just seven miles to the south.

The development features an open-air courtyard complete with granite water fountain and park-like seating. Across the courtyard is a four-level parking garage for ease in commuting. Surface parking and circular driveways for visitors provide easy, direct access to the building. The development is also serviced by two full-service cafeterias and a health and fitness facility, as well as a host of nearby amenities, including restaurants, retail establishments, a new 150-room extended stay Staybridge Suites hotel within the Morris Corporate Center, conference centers, daycare facilities and schools.

Three additional multi-building developments of 300,000 SF in Morris Corporate Center V, 350,000 SF in Morris Corporate Center VI and 150,000 SF in Morris Corporate Center VII, are planned at the campus. This allows for a total of 2.7 million square feet of world-class office space. New construction will feature the highest quality building materials and will seek LEED certification with operationally efficient mechanical systems and materials.

In addition to Morris Corporate Center IV, SJP Properties has received Energy Star recognition at Somerset Corporate Center II, a premier office building within Somerset Corporate Center, located along the Interstate 78/287 corridor in Bridgewater, N.J. Somerset Corporate Center is one of SJP’s signature developments. The corporate center is surrounded by numerous hotels, including the adjacent 300-room Bridgewater Marriot Hotel and conference center, and is located directly across from the nearly one million-square-foot Bridgewater Commons Mall, the second-largest mall in New Jersey, offering a variety of retail amenities.

The most prominent feature at the Somerset Corporate Center campus is the 15-acre central park around which the center’s five buildings are situated. The park features numerous walking paths, sitting areas and extensive landscaping, helping to reduce environmental stress for building tenants. Additionally, private gardens at each of the five buildings include seasonal floral displays, fountains and park-style seating.
Somerset Corporate Center II is also registered with Leadership in Energy and Environmental Design (LEED) and is seeking LEED Existing Building – Operating & Maintenance certification

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