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Computer firm signs 25,000 sf lease in NJ.

James J. Bovino, president of The Investment Firm of Whiteweld, Barrister and Brown, recently announced that Comdisco, Inc., a computer leasing and disaster recovery firm headquartered in Rosemont, Illinois, leased 25,000 square feet at Whiteweld Centre International Corporate Plaza in Woodcliff Lake, New Jersey.

The award-winning, 230,000-squarefoot office centre Will serve as Comdisco's Northeast Regional Office. John J. Johnson, senior vice president of Whiteweld, Barrister and Brown, represented the owner in the transaction. Bradley F. Thoubboron, a senior associate of CB Commercial Real Estate Group, Inc. represented the tenant. The six year lease is valued at $3 million.

According to Thoubboron, Comdisco ultimately chose Whiteweld Centre because it enabled the company to expand their Northeast operation in a Class A corporate environment that is centrally located in the heart of the metropolitan area., The company previously occupied 13,000 square feet in Teaneck, New Jersey.

When Comdisco occupies its offices in Whiteweld Centre this month, it will be the fifth corporation with quarters here the second to occupy the building's 160,000-square-foot- north wing. Medco Containment Services, Inc. already occupies 46,500 square feet in_ this wing. The 70,000-square-foot south wing is occupied by Xerox Corporation, which leases 33,000 square feet; Integral Systems, Inc. which maintains 15,000 square feet and, Seix Investment Advisors Inc. which leases 3,900 square feet. According to Bovino, negotiations for an additional 20,000 square feet are near closing with another prospective tenant.

Whiteweld Centre's two atrium-style wings are connected by a magnificent three-story glass-enclosed entranceway. Inside, the office centre boasts an abundance of marble, mahogany and brass, interior waterfalls and lavish landscaping, a state-of-the-art health and fitness center and a 5,000-squarefoot restaurant with outdoor dining. Other amenities include individually controlled thermostats, an advanced fibre optics telecommunications system and seven freight and passenger elevators with private elevators for executive use - each with plush, custom designed interiors.
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Title Annotation:Comdisco Inc. leases commercial space in Woodcliff Lake, New Jersey
Publication:Real Estate Weekly
Date:Jan 27, 1993
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