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160,000 SF in new leases closed at Florham Park.


Advance Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Group reports over 160,000 SF of new leases have recently closed at its signature Park Place campus in Florham Park, New Jersey Florham Park is a borough in Morris County, New Jersey, United States. As of the United States 2000 Census, the borough population was 8,857.

Florham Park was incorporated as a borough by an Act of the New Jersey Legislature on March 9, 1899, from portions of Chatham
. Cushman & Wakefield, Inc. serves as in-house In-house

In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm.
 leasing representative for Park Place.

Altana Pharmaceuticals leased 108,701 SF of office space, expanding its existing space and taking the remaining 55,765 SF at 210 Park Place and 65,514 SF at 220 Park Place. Altana Pharmaceuticals utilizes this high-quality space as its U.S. headquarters.

Jeff Garibaldi and Craig Zurick of The Garibaldi Group represented Altana in these transactions. Jeff Heller and Justin Gingeleskie of Cushman & Wakefield of NJ, Inc. represented Advance Realty Group in both transactions.

Global Crossing, an international telecommunications company See telecom company. , leased approximately 54,327 SF at 200 Park Place, to occupy the entire third floor of the facility as its U.S. headquarters. The company is consolidating and relocating its offices from Madison, New Jersey Madison is a borough in Morris County, New Jersey, in the United States. As of the United States 2000 Census, the population was 16,530. It also is known as, "The Rose City. . Michael Berlant of Cushman & Wakefield, Inc. represented Global Crossing in this transaction.

The gated Park Place campus consists of four Class A buildings containing 161,000; 65,000; 65,000; and 55,000 SF.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:New Jersey
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2003
Words:186
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