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Rockaway 80 Corporate Center changes hands.


Grosvenor Investment Management and Lincoln Equities Group, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 have teamed up to purchase the Rockaway Rockaway, narrow peninsula, c.10 mi (16 km) long, SW Long Island, SE N.Y., in Queens borough of New York City. Separating Jamaica Bay from the Atlantic Ocean and isolated from the rest of New York City, the densely populated peninsula owes its growth to road and rail  80 Corporate Center at 100 Enterprise Drive in Rockaway, N.J., announced Cushman & Wakefield's Metropolitan Area Capital Markets Group. The seven-story, 259,473 s/f Class A office building was acquired from Onyx Equities for an undisclosed amount.

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.
 Cushman & Wakefield's David Bernhaut, who orchestrated or·ches·trate  
tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates
1. To compose or arrange (music) for performance by an orchestra.

2.
 the sale with Andrew Merin, Gary Gabriel and Jose Cruz Jose Luis Cruz (Cheo) can refer to different people:
  • Camarón de la Isla, stage name of José Monje Cruz
  • José Cruz (Sr.) (born 1947), a baseball player
  • José Cruz, Jr.
, the offering generated strong interest and multiple offers for the property.

"The Rockaway 80 Corporate Center is one of Morris County's finest office buildings. It has consistently attracted quality tenants and obtained the area's highest contract rental rates, along with maintaining high occupancy rates," Bernhaut noted.

"It features first-class amenities and a strategic location just off Interstate 80, with excellent highway visibility and access to Interstates 287 and 280."

Situated in western Morris County on a 10.96-acre site, Rockaway 80 is adjacent to the Rockaway Townsquare Mall The Rockaway Townsquare Mall (commonly called Rockaway Mall) is located at Interstate 80 and Mount Hope Avenue in Rockaway Township, New Jersey. The mall is anchored by four department stores (JCPenney, Lord & Taylor, Macy's and Sears) and more than 180 specialty stores such as  with its array of retail and dining choices, and within close proximity to a growing population base.

The building's 38,000+ s/f floor plates are appealing to mid-size tenants and are also divisible DIVISIBLE. The susceptibility of being divided.
     2. A contract cannot, in general, be divided in such a manner that an action may be brought, or a right accrue, on a part of it. 2 Penna. R. 454.
 for smaller suites.

The building's striking exterior is finished with reflective glass and granite. Each floor is served by five passenger elevators and a freight elevator. A two-story parking deck is situated at the front of the Site, as well as covered executive parking beneath the building and several surface lots.

Lincoln announced that Linque Management Company, Inc., the leasing and managing subsidiary of LEG, will serve as exclusive leasing and management agent for Rockaway 80 Corporate Center.

"There is a strong demand for first class office facilities in the western Morris County submarket and Linque Management is proud to exclusively represent this highly, desirable property," said Joel Bergstein, executive vice president, LEG A limited number of leasing opportunities are still available at the property.
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Title Annotation:NEW JERSEY
Comment:Rockaway 80 Corporate Center changes hands.(NEW JERSEY)
Publication:Real Estate Weekly
Date:Aug 1, 2007
Words:318
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