Broker bonuses offered at TechCity in Kingston.

In one of the most aggressive broker outreach campaigns in the region, TechCity, a 2.5 million square-foot technology, office and industrial complex in the heart of New York's Hudson Valley Technology Corridor, is offering $1.7 million in broker bonuses, in addition to nearly $5 million in full commissions, for deals initiated at the site by the end of 1998.

In a mailing to brokers around the nation, featuring the headline "How to earn the $6 million broker jackpot by repeating one word. TechCity," Alan Ginsberg, TechCity's chairman, calls the property "the cornerstone of the most important new technology corridor in the Northeast, and the back office capital of the Hudson Valley."

Ginsberg calls his offer to brokers "the hottest lease deal in the region, with TechCity Properties offering easy, flexible deals and special bonus incentives of $1 per square foot on all deals transacted before December 31, 1998."

TechCity is a complex of 28 buildings on 258 acres in Kingston, NY, about 90 minutes from Manhattan. Originally designed and occupied by IBM, it meets rigorous standards for quality, flexibility and convenience. The availability of large spaces, premium infrastructure, shared security and maintenance services, and aggressively competitive lease terms - combined with an untapped workforce that is skilled and eager for new jobs - makes TechCity a unique location.

TechCity is currently occupied by Fleet Bank, IBM and Hunter Panels, a manufacturer of environmentally sound insulation materials. Available space includes:

* 728,000 square feet of data center/information technology space, renting for $10.50 per square foot, including taxes;

* 557,000 square feet of light assembly, manufacturing and flex spaces, renting for $4 per square foot, including taxes;

* 373,500 square feet of Class A office space, renting for $8 per square foot, including taxes; and

* 48,300 square feet of institutional retail space, renting for $15 per square foot, including taxes.

"Any company that needs a location with easy access by rail, road and air to markets throughout the Northeast and Middle Atlantic region; that requires an ample supply of highly skilled labor; that must have the highest quality infrastructure available; and that wants the benefit of low costs, cannot afford to overlook TechCity.

"The location is in the heart of an emerging new technology corridor that is rapidly gaining recognition around the country and the facility itself could not be replicated without enormous expense. TechCity is the location for the company of the future, and we hope this creative incentive package will bring it to the attention of the professionals in the brokerage community who will appreciate its unique assets."