C&W named exclusive broker of Metropolitan Center.On the heels of its $119.5 million acquisition of the Metropolitan Center in 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. , ING Clarion A family of application development systems for Windows from SoftVelocity, Inc., Pompano Beach, FL (www.softvelocity.com). Clarion provides a comprehensive set of tools for development, including a screen builder, 4GL and application generator. has named Cushman & Wakefield as exclusive broker for the 15-story, Class A office tower. Formerly known as One Meadowlands Plaza, and recognized by the Metromedia sign atop its facade facade (fəsäd`), exterior face or wall of a building. The term implies ordered placement of its openings and other features and thus seems inapplicable to a wall without design. , Metropolitan Center is a 423,000 s/f building located on Route 3, across from Giants Stadium and near the future site of Xanadu. "This building is a landmark, and over the course of the last decade, it has experienced several improvements that have really made it a stand-out property," said Curtis Foster, senior director at Cushman & Wakefield, which negotiated the sale of the building and has an office in the Metropolitan Center. "With ING Clarion's purchase, we have the chance to re-introduce this property to the marketplace." In the past three years, upgrades to the property have included a new security system, redesigned lobby and concierge station. The new owners will further augment the building's amenities with a state-of-the-art fitness center. The building already boasts a first-class cafeteria cafeteria: see restaurant. , covered parking, carwashing service, 24/7 security, dry cleaners on the premises, an on-site Meadow meadow grassland, used for grazing and/or haying. meadow buttercup ranunculusacris. meadow crowfoot ranunculusacris. meadow rue see thalictrum. Link Commuter service and a high-visibility, prime location just minutes from Newark Airport and the Lincoln Tunnel The Lincoln Tunnel is a 1.5 mile (2.4 km) long tunnel under the Hudson River, connecting Weehawken, New Jersey and the borough of Manhattan in New York City. History The tunnel was designed by Ole Singstad. , and adjacent to a Sheraton Hotel and Conference Center. Current tenants at the property include Aegis Insurance, Maersk Lines, Hudson News, as well as Cushman & Wakefield. The building is currently 88 percent leased, with approximately 83,000 square feet available. It is expected that a total of 135,000 square feet will be available within the next 12 to 18 months. One of the nation's leading real estate investment advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and with capabilities in both the public and the private sectors, ING Clarion is the U.S. investment management arm of ING Real Estate, an international real estate firm with offices in 16 countries around the world. "This is a great opportunity for ING Clarion to make a strategic office acquisition in Northern New Jersey," said Craig Tagen, a director with ING Clarion's portfolio management group. |
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