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C&W makes a Dynamic deal.


Dynamic Imaging, a leader in digital image management, processing and distribution for the healthcare industry, has subleased 15,600 s/f from Media Sciences International at 40 Boroline Drive in Allendale, New Jersey Allendale is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 6,699.

Allendale was formed on November 8, 1894 from portions of Franklin Township, Hohokus Township and Orvil Township at the height of the
.

The firm will relocate re·lo·cate  
v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates

v.tr.
To move to or establish in a new place: relocated the business.

v.intr.
 its headquarters to the Allendale Corporate Center address from another location in town, nearly doubling its space.

Jeffrey Prezant, of Cushman & Wakefield of New Jersey, Inc., represented Dynamic Imaging in negotiating the long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 transaction.

Chris Olson, from CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. , represented Media Sciences International.

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.
 Alex Jurovitsky, chief executive officer of Dynamic Imaging, his firm has grown considerably due to the success of its web-driven medical imaging software.

"We are in the right market at the right time," he said.

"The entire industry is moving toward a filmless environment and our product is a leader in that category. Dynamic Imaging was conceived in Pennsylvania Pennsylvania (pĕnsəlvā`nyə), one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York  and moved to Bergen county in the late '90s, and we are pleased to continue our progress here."

"During the past five years, Dynamic Imaging has expanded twice, growing from an initial, 3,000 s/f space to almost 16,000 s/f today," said Cushman & Wakefield's Prezant, who has worked with Dynamic Imaging since 2000.

"The company's continued commitment in the region testifies to the state's strong appeal for both technology and healthcare-related businesses."
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Title Annotation:NEW JERSEY; Cushman & Wakefield of New Jersey Inc. for Dynamic Imaging Group Inc. and Media Sciences International Inc.
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Jun 1, 2005
Words:217
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