The PARC is a new high-tech office/research park under development at the U.S. Army's Picatinny Arsenal in Morris County, NJ. The PARC is a 125,000 square foot development of one and two-story multi-tenanted buildings with labs, office space and multipurpose space for high tech, defense and academic tenants and users, stemming from the EUL agreement between Advance Realty Group and InSitech, Inc., a partnership intermediary for the US Army's Picatinny Arsenal/Armament Research, Development, Engineering Center. The property will offer office and flex space designed for maximum flexibility in floor plan layouts and tenant fit-outs. Tenants located in The PARC will have access to the bases $1.5 billion of high technology equipment, more than 64 high-tech laboratories, more than 1,000 on-base scientists, research, development and engineering personnel, as well as many intellectual assets, some of which only exist at the base.