220 Davidson Ave. sells for $16m.Ivy Realty announced the sale of 220 Davidson Ave. in Franklin, N.J. to New Mexico-based BGK BGK Bhatnagar-Gross-Krook (kinetic-theory model for reactive collisions) BGK Bornholms Golf Klub BGK Beyonce Giselle Knowles (entertainer) Properties for $16 million. David Simson, president of GVA GVA general visceral afferent system of nerves. Williams New Jersey, brokered the transaction on behalf of Ivy. Anthony DiTommaso, Jr., CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ivy Realty, stated, "The sale of 220 Davidson Ave. completes our value creation strategy for this asset. Our leasing team, led by Marion M. Geddes, did a tremendous job in a very challenging leasing climate." Strategically located in Somerset bounty, 220 Davidson is a class A, 160,000 s/f office building with such credit tenants as Prudential, US Department of Agriculture, HBO Hyperbaric oxygen therapy (HBO) A form of oxygen therapy in which the patient breathes oxygen in a pressurized chamber. Mentioned in: Ozone Therapy McKesson, and the American Arbitration Association The American Arbitration Association (AAA) is a private enterprise in the business of arbitration, and one of several arbitration organizations that administers arbitration proceedings. The AAA also administers mediation and other forms of alternative dispute resolution. . Ivy Realty acquired the asset in 2000 and subsequently engineered a hugely successful re-leasing and marketing program, bringing 220 Davidson from 40% vacancy to nearly 100% occupancy. Offering convenient access to 1-287 and other major roadways, 220 Davidson is situated on 9.3 acres within proximity to a number of prestigious corporations and Fortune 500 headquarters. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion