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Wellsford Commercial brokers Compaq lease.


Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees.

Quarterly sales $2499M, profits $210M (Aug 1994).

http://compaq.com/.
 has signed a long-term lease for Wellsford Commercial Properties Trust's Mountain Heights Center in Murray Hill, New Jersey
For other places with the same name, see Murray Hill.
Murray Hill is an unincorporated area within portions of both Berkeley Heights and New Providence, located in Union County in north-central New Jersey.
. The 123,000 square-foot property at 420 Mountain Avenue will house regional operations for Compaq Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, the company's equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
  • Control secondary market, offer the ability to up-grade and trade-in.
  • Converts cash buyers of small machines to larger, more expensive purchases.
 and financing subsidiary. The organization will relocate to Murray Hill from sites in Woodbridge and Edison, New Jersey Edison Township (usually known as Edison) is a township in Middlesex County, New Jersey, United States. As of the United States 2000 Census, the township had a total population of 97,687, making it at the time the fifth largest municipality in New Jersey. As of the U.S. , this spring.

Cushman & Wakefield of New Jersey, Inc. in Parsippany represented Wellsford in marketing the four-story, Class A office building, which has been completely redeveloped.

"Wellsford recognized the property's ideal location within the desirable I-78 corridor, just 1.5 miles from I-78 and minutes from the region's major thoroughfares," noted Jodie Matthews of Cushman & Wakefield, who handled the assignment with Dennis McConnell and Arthur Hixson. "The neighborhood serves as home to a number of major corporations and is located next door to the world headquarters of Lucent Technologies."
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 3, 2000
Words:148
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