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C&W gets exclusive on IBM Franklin Lakes Park.


Cushman & Wakefield has been appointed as exclusive agent for the sale or lease of International Business Machines' Franklin Lakes Corporate Park, a premier office campus in Bergen County, NJ.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Cushman & Wakefield Director J. Thomas Glerum, the 675,000 square-foot building represents one of the largest blocks of first quality office space currently available in the metropolitan 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
 market.

"The property is a singular offering in the marketplace at this time," said Glerum, a principle in the marketing team assembled for the property. "First, the building occupies one of the most remarkable campus settings in the tri-state area There are a number of places in the United States known as tri-state areas where three states or holdings meet at one point (a tripoint), or in proximity to each other. The two most well-known are for the New York and Chicago metropolitan areas. , while offering architectural quality and operational capabilities equal to that of any headquarters structure in midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 Manhattan. These benefits, coupled with the complex's size and interior configuration, provide large anti medium-sized users with a prestige opportunity that has not been available for quite some time in the metro marketplace."

The fully-landscaped campus encompasses over 200 acres of prime land in Franklin Lakes, an area noted for scenic lakes and ponds. A highlight is the one-acre interior courtyard of original woodland preserved during the building's construction, which features 200-year-old oaks and flowering shrubs. Additional on-site amenities include baseball fields, tennis courts, a basketball court and a multi-use athletic/entertainment center.

Comprised of six wings, the modular layout of the three-story facility affords exceptional functional flexibility for both integrated and independent operations. The space also can be adapted for alternate uses such as research and development. The complex encompasses full support facilities, including a cafeteria cafeteria: see restaurant. , data center area and comprehensive site security. A redundant system assures uninterrupted power supply with dual utility and fiber optic feed. The building includes 38,000 square feet of raised floor area, and is 100 percent wired to provide complete voice and data optic capabilities.

Glerum said there are several key benefits that accompany the complex's location in Franklin Lakes.

"Bergen County remains one of the most desirable areas in New York State, home to executive communities such as Saddle River Saddle River may refer to:
  • Saddle River, New Jersey, a borough in Bergen County, New Jersey
  • Saddle River (New Jersey), a tributary of the Passaic River in New Jersey
 and Ridgewood. The complex is situated only two miles from Routes 17 and 208, providing immediate connections to I-287, I-87, Route 4 and Route 202, as well as I-80 and the Garden State Parkway The Garden State Parkway is a 172.4-mile (277-km) limited-access toll parkway that stretches the length of New Jersey from the New York state line at Montvale, New Jersey, to Cape May at the southern tip of the state. Its name refers to the state nickname, the "Garden State". ."

In addition to Glerum, Cushman & Wakefield's marketing team includes executive vice-president John L. Dowling and Andrew B. Schiffer of Cushman & Wakefield's East Rutherford Rutherford (rŭth`ərfərd), borough (1990 pop. 17,790), Bergen co., NE N.J., a residential suburb of the New York City–N New Jersey metropolitan area; inc. 1881. Several pre-Revolutionary houses remain there. , N.J. office.
COPYRIGHT 1994 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Cushman & Wakefield Inc. exclusive sales and leasing agent for International Business Machines Corp.'s Franklin Lakes Corporate Park, Bergen County, New Jersey
Publication:Real Estate Weekly
Date:Apr 27, 1994
Words:394
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