Tech firm signs Jersey's largest lease in 05'.Grubb & Ellis Company announced that Vonage has signed a 12year, five-month lease for 350,000 s/ f of office space with Mack-Cali Realty Corporation at 23 Main St. in Holmdel, N.J. Jeff Kolodkin, senior vice president of Grubb & Ellis, and Ben Shapiro Ben Shapiro (born 1984 in Burbank, California) is an Orthodox Jew and conservative political columnist and author. Early life and college education He attended YULA high school in Los Angeles, but graduated early after skipping freshman year. , senior vice president, represented Vonage in this transaction, which is the largest office lease completed in New Jersey year-to-date. Currently located in Edison, Vonage is a provider of voice-over-the-internet broadband telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. . The company intends to completely refurbish re·fur·bish tr.v. re·fur·bished, re·fur·bish·ing, re·fur·bish·es To make clean, bright, or fresh again; renovate. re·fur the 23 Main St. facility, turning it into a state-of-the-art headquarters, customer care center and world-class data center. Part of Vonage's attraction to the property is the location and campus-like environment. There are various amenities already in place, including a full-service cafeteria, tennis courts, softball softball, variant of baseball played with a larger ball on a smaller field. Invented (1888) in Chicago as an indoor game, it was at various times called indoor baseball, mush ball, playground ball, kitten ball, and, because it was also played by women, ladies' field and helicopter-pad. As part of the total renovation of this facility, Vonage will also add a full-time day care center and fitness center. After an exhaustive search of properties in New Jersey, New York New York, state, United States 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 and Pennsylvania, 23 Main St. stood out as the best choice for Vonage's fast-growing business. "We were very excited to assist Vonage with their relocation and expansion to 23 Main St. in this long-term lease," said Kolodkin. "This transaction is a tremendous win for Monmouth county and New Jersey as Vonage expands its business and creates more jobs," added Shapiro. "Vonage focused on Monmouth county because of the tremendous pool of available labor due to consolidations over recent years in the telecommunications industry." In addition, Kolodkin and Shapiro assisted Vonage in their negotiations with the New Jersey Economic Development Authority The New Jersey Economic Development Authority (EDA) is an independent, quasi-governmental self-supporting entity in the U.S. state of New Jersey dedicated to broadening and expanding the state's economic base. and New Jersey Department of Labor to gain more than $10 million in tax and labor incentives for Vonage. The company plans to occupy the new building in September 2005. |
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