Newmark Partners, Inc.Mail.com, an Internet advertising Delivering ads to Internet users via Web sites, e-mail, ad-supported software and Internet-enabled cellphones. Also called an "ad network," Internet advertising organizations act as a middleman between the advertiser and the Web sites and software publishers that display the ads. firm, has subleased 13,000 square feet of space at One Evertrust Plaza, Jersey City, NJ, taking over space previously occupied by Depository Trust Company Depository Trust Company (DTC) DTC is the world's largest central securities depository. It accepts deposits of over 2 million equity and debt securities issues (valued at $23 trillion) from over 65 countries for custody, executes book-entry deliveries (valued at over $116 trillion . Newmark Partners, Inc. represented the new tenant, in a deal that brings yet another "dot-com" business to one of New Jersey's most prestigious locations. "This is a high-tech business, moving into a high-tech market," remarks Seena Stein, SIOR SIOR Society of Industrial and Office Realtors SIOR Specialist, Industrial and Office Real estate , president of Newmark Partners, who brokered the deal along with managing director Richard Madison. "We were lucky to find a suitable space at One Evertrust Plaza, or anywhere in Jersey City, for that matter. We had to be on the ball - use our market expertise and, react quickly - to present and obtain this space for Mail.com." One Evertrust is a 17-story, 314,500 square-foot Class A office tower, and Mail.com was particularly interested in its 24-hour uniformed security, on-site parking and redundant energy systems. In another major transaction, Stein and Madison helped Hartford Steam Boiler renew and expand its lease to a total of 20,084 square feet at 188 Mount Airy Mount Airy is the name of several places in the United States of America:
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 handled the Penn Plaza sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. . "Mount Airy Road is a two-building campus that's one of the most upscale locations in New Jersey," says Stein. "It includes a very attractive pond and abundant parking, in a beautiful park-like setting, and provides exceptionally convenient access to the major highways." "Two Penn Plaza is a 400,000 square-foot Class A building with 12 stories of office space above five floors of parking," Levering remarks. "It's in a terrific location in downtown Newark, which is continuing to flourish as a major commercial center, as it offers PATH train and bus access directly to Penn Station in Manhattan. The leasing activity in Newark is reminiscent of a couple of generations ago, when Newark was a kind of younger sister to New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ." |
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