Archon Group's Parsippany building wins TOBY award.New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Life Investment Management Center, located at 169 Lackawanna Ave. in Parsippany, N.J., announced that it received the Building Owners and Managers Association This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. of New Jersey's coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. The Office Building of the Year (TOBY TOBY The Office Building of the Year (UK) ) Award. The Archon Group serves as facility manager for the building. TOBY Awards are a highly prestigious and coveted commercial real estate distinction, recognizing quality and awarding excellence in office building design and management. The facility, owned by Benenson Capital, received this award in the 250,000 to 499,999 s/f category. Leonard Kreppel, director for Benenson stated, "The management team for Archon, under the direction of Fred Arena, truly understands not only how to operate an asset and keep the tenant happy, but how to add value for the investors. That is what separates them from the rest of the management groups that Ideal with across the country." "We are extremely proud to serve as the management team at this outstanding Parsippany facility," said Fred Arena, director of commercial real estate with the Archon Group. "The TOBY Award attests to the desirability of the building and the great job that Mark Cieniewicz, the property manager, is doing." Archon Group, L.P. is an international, full-service commercial real estate investment and management company. A wholly-owned subsidiary of the Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. Group, Inc., Archon currently manages investments totaling more than $14 billion in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Asia and Europe. On behalf of Whitehall Street Real Estate Funds and others, Archon has completed more than 140 transactions in a dozen countries. |
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