Binswanger Named Exclusive Agent for the Lease of Industrial Space in the Hudson Valley Research Park in the Town of East Fishkill, New York

PHILADELPHIA, PA--(Marketwire - November 20, 2009) - Binswanger has been named exclusive agent by International Business Machines Corp. for the lease of industrial space located at 2070 Route 52 in East Fishkill, New York.

Two impressive 8" wafer fab facilities are available with all necessary utilities and infrastructure. The 289,275 gross sq. ft. facility has 123,000 sq. ft. of clean room space, and the 325,759 gross sq. ft. facility offers 50,000 sq. ft. of clean room space, with the capability of an 110,000 sq. ft. expansion.

Also available is a 371,480 gross sq. ft. light manufacturing building and office space of 30,000 sq. ft. and 50,000 to 100,000 sq. ft.

In addition to being situated in an Empire Zone, Hudson Valley Research Park ensures new tenants a speedy time-to-market as a result of unmatched access to property services, including site operations, infrastructure services, support and amenities, and an entrée to prestigious vendors.

Hudson Valley Research Park is ideally located at Exit 15 off I-84, and ten miles to I-87.

Binswanger is aggressively marketing the facilities to solar and other renewable energy companies, as well as to semiconductor and alternative users that require clean room space/and or heavy infrastructure, such as pharmaceutical, data processing services, testing laboratories, medical equipment and biotech.

Headquartered in Philadelphia, Pa., Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.

Contact Information: CONTACT: Ellen Weiss 215-448-6216