Strong demand predicted in 2000.Lincoln Property Company remains very optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op about the New Jersey marketplace. We are experiencing very strong tenant demand throughout our million square-foot office portfolio statewide. Our focus in New Jersey continues to be on value-added acquisitions and on investing in repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery. Class B office buildings. Driving the state's low vacancy, rate and strong absorption trends are the overall lack of new construction, low unemployment and the continual growth of the state's high-tech and health-related industries. An example of how our strategy of repositioning older facilities is proving to be successful can be witnessed at Crossroads Corporate Center in Parsippany. Spanning three stories, with all new HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free systems, enhanced landscaping, a new distinctive brick and glass facade and new lobby and common areas, Crossroads Corporate Center recently underwent a multi-million dollar renovation. A state-of-the-art energy management system was also installed, with computer control over the main rooftop unit and all individual variable air volume boxes. The 76,262 square-foot Class A office building is receiving very strong tenant interest, and we have recently closed the building's first lease for 25,962 square feet by Magellan Behavioral Health Behavioral health was first used in the 1980's to name the combination of the fields mental health and substance abuse. As an example, an organization serving both mental health and substance abuse clients might refer to its practice as behavioral health or . Additionally, Lincoln Property Company continues to make acquisitions that meet our investment criteria. Recent acquisitions include: The Nissin Foods  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Building, a 72,227 square-foot office building in Fort Lee; 205 Robin Road, a 62,000 square-foot office building in Paramus; and 2 Sylvan sylvan emanating from or pertaining to woods. See also sylvatic. Way, a 54,000 square-foot office building in Parsippany. Part of our strategy is also to acquire critical mass in key markets in New Jersey. For example, in the Parsippany market, one of the strongest in the state, we have been able to acquire over 600,000 square feet of space over the last two years. Our view is that valueprices, quality construction and professionally maintained product will continue to experience high occupancy rates Noun 1. occupancy rate - the percentage of all rental units (as in hotels) are occupied or rented at a given time pct, per centum, percent, percentage - a proportion in relation to a whole (which is usually the amount per hundred) while there is virtually no new construction taking place. We are extremely confident that the new year possesses excellent investment opportunities in B and C properties. At Lincoln Property Company, we expect to continue to be one of the state's most active buyers in New Jersey in the new millennium. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion