Printer Friendly

Renovation of Class C facility in Lyndhurst nearing completion.

Michael A. Taylor, vice president of Lincoln Property Company, reports that multi-million dollar renovation and repositioning of the class "C" facility at 160 Chubb Ave. in Lyndhurst, N.J. into class "A" status is nearing completion. With the base building work nearly finished, the facility is slated for completion in September 2001. Currently 92,200 SF of high quality space is available.

Acquired earlier this year in a venture with ING Realty Partners, 160 Chubb Ave. has been repositioned as Meadowview Technology Center. In a market with less than a 1% vacancy, Meadowview Technology Center represents one of the few new office development projects.

"We are pleased to be nearing completion of the renovation and repositioning project at Meadowview Technology Center. This class "A" facility will help meet market demand in an under-built marketplace. The development also continues Lincoln Property Company's successful track record in repositioning properties in the region," stated Michael Taylor.

Formerly occupied by Raytheon, Meadowview Technology Center is being completely re-built into a state-of-the-art, high-tech office building, capable of meeting tenant requirements from 15,000 SF to multi-floor users. The three-story building renovation is modeled on the success Lincoln Property Company experienced at Crossroads Corporate Center in Parsippany, N.J.

A new curtain wall facade is being installed at the facility, along with new mechanical and electrical distribution systems, upgraded common areas, and an expanded and resurfaced parking lot, with a capacity for four cars per 1,000 SF. Strategically located within the Meadowlands Corporate Center, Meadowview Technology Center is situated at the convergence of Routes 3 and 17, near the New Jersey Turnpike, Garden State Parkway, and I-80.
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Oct 3, 2001
Words:272
Previous Article:Allied Partners signs 20-year lease with NY Public Library.
Next Article:Battery Park City to receive low cost power, governor says.
Topics:


Related Articles
Repositioning nearly complete at 555 Madison.
Associated Realty, Inc.
Michael A. Taylor.
Building renovated.
Bridge Street starts construction of new office building.
Denholtz to build 21,000 s/f medical building.
DMR Architects designs shared services building.
New-look offices enjoy strong leasing activity.
Renovation complete at 1099 Wall Street West.
Leasing strong at renovated building.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters