Unicom to acquire property located at Whitehouse Station, New Jersey

Unicom Corporation, a division of Unicom Global, has announced that it has signed an agreement with Merck Sharpe & Dohme Corporation ("Merck") to purchase the Merck property at Whitehouse Station, in the Township of Readington, NJ.

The Class-A office buildings, totaling approximately 1.24 million square feet, are located on 1,100 acres of park-like grounds. The acquisition is expected to close in October, 2018, and post-acquisition, the property will be renamed "Unicom Science and Technology Park". Terms of the transaction were not disclosed.

"Unicom is very excited to acquire this world-class IT Real Estate property as our Regional Headquarters for the New York and New Jersey region" said Mr. Corry Hong, Founder, President and CEO of Unicom. "Our commitment to expand and extend our IT Real Estate portfolio and our services for industry leaders, especially those in the Banking, Insurance, Technology, Telecom, Pharmaceutical and BioTech sectors, is reflected in this investment."

The acquisition of this premier property is the latest demonstration of Unicom's willingness to invest in the future of our country, and will be another cornerstone of Unicom's work in the region and throughout the Boston to Washington DC corridor.