Reckson reports strong leasing activity throughout NJ portfolio.

Reckson Associates Realty Corp. has announced a strong level of lease activity in its New Jersey properties, with recent transactions, both new and renewals, totaling over 100,000 square feet. Reckson owns and operates 26 properties in New Jersey, encompassing 3.5 million square feet.

Among the newest tenants in Reckson's two-building Cherry Hill Road property in Parsippany is Spectra Site Communications, Inc., a leading owner and operator of communications towers for the wireless telecommunications industry. Reckson completed a built-to-suit installation for Spectra Site's new 7,594 square-foot space at 119 Cherry Hill Road. Tom Semler of Alexander Summer, L.L.C. represented the tenant in this transaction.

Asset Management Group, a financial advisor, leased 5,493 square feet at 99 Cherry. Hill Road, represented by Steve Fleming of the Staubach Group. In that same building, Entegee, Inc., an employment agency specializing in the placement of technical personnel, leased 2,500 square feet.

Reckson's 190,000 square-foot Cherry Hill complex offers tenants a prime location at the interchange of Route 80 and Cherry Hill Road, a beautifully landscaped, campus-style office park with newly renovated common areas, in close proximity to restaurants, hotels and retail. Acquired by Reckson last year, the complex stands at 97 percent occupancy.

Another new tenant is the packaging company American BioProducts Company, leasing 8,700 square feet at the 200,000 square-foot Forge Way office and flex complex in Rockaway. In this transaction, Kenneth Flynn of Grubb & Ellis represented the tenant.

Adecco Employment Services, Inc. (d/b/a Accountants on Call), a personnel agency, leased 3,503 square feet at 72 Eagle Rock Avenue in East Hanover, represented by Bryn Cinque of Associated Realty. Also, Integrated Computer Management, a computer consulting and training firm, has leased an additional 4,789 square feet at 72 Eagle Rock, for a total of 32,861 square feet.

Another tenant transaction that involved additional square-footage took place at 1255 Broad Street in Clifton, Reckson's recent value creation project. Automated Wagering International (AWI), a national provider of online lottery systems and services, was the first tenant in the totally renovated 180,000 square-foot Class A property. AWI originally leased 62,000 square feet and recently took an additional 10,810 square feet. James Frank, Dave Sherman and Dave Opper of Insignia/ESG represented AWI in this transaction.

Elsewhere in Reckson's New Jersey region, the law firm Feinstein, Raiss, Kelin & Booker, L.L.C. renewed their lease for 5,046 square feet at 100 Executive. Organon, a pharmaceutical company which occupies 6,390 square feet in the building, renewed, as did the law firm of Dennis Cipriano, renewing for 2,915 square feet.

At the 216,403 square-foot 3 University Plaza in Hackensack, Reckson experienced renewals totaling over 32,000 square feet. EMI Music Distribution renewed their 12,547 square-foot lease, represented by Andrew Tarvin of Tarvin Associates, Inc.; and the law firm of Wiss, Cooke & Santomauro, P.C. renewed for 6,562 square feet. Another sizable renewal at 3 University was with Innodata Corporation, a provider of online data conversion, for 13,327 square feet. Dave Sherman, James Frank and Dave Opper of Insignia/ESG Inc. were the brokers.

Another new tenant transaction took place at One Paragon Drive in Montvale, where Peony Online, an information provider to commodity brokers, leased 1,382 square feet. At this same property, Adecco Employment Services, Inc. leased 1,792 square feet, represented by Jeffrey Saywitz of The Saywitz Company. The architectural firm SNS Architects & Engineers renewed for 6,778 square feet.

Reckson Associates Realty Corp. is a self-administered and self-managed real estate investment trust (REIT) specializing in acquisition, leasing, financing, management and development of office and industrial properties.