Lincoln Equities Group (LEG) 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 in Rockaway, N.J. Grosvenor Investment Management US Inc. recently acquired Rockaway 80 on behalf of a public pension fund from Onyx Equities of Woodbridge, N.J.
“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, Lincoln Equities Group. “Having over a decade’s worth of experience as this property’s managing and leasing agent, Linque has tremendous familiarity with this asset. We look forward to establishing a successful relationship with a company of Grosvenor’s stature.”
Built in 1991, the Rockaway 80 Corporate Center located at 100 Enterprise Drive is a 256,000-square-foot Class-A office building featuring a cafeteria, onsite building management, dry cleaning pick-up, shoeshine service, automatic teller machine, and executive parking garage.
Rockaway 80 offers small and mid-sized firms a highly strategic location in desirable Morris County. The center is convenient to the interchange of Routes 80 and 15, New Jersey Turnpike and Garden State Parkway.
A limited number of leasing opportunities are still available at this property. Visit www.lincolnequities.com/rock80.html for more information.
About Grosvenor Investment Management US Inc.
Grosvenor is a privately owned group of international property businesses with total assets under management of US$21.6bn as of year-end 2006. Grosvenor is active in the investment, development and asset management of real estate assets through its operating companies in the Americas, Britain & Ireland, Continental Europe and Australia Asia Pacific, while its fund management business operates across all of these markets.
For more information on Grosvenor, please visit: www.grosvenor.com.
About Linque Management Company, Inc.
Linque Management Company, Inc. (LMC) has been the leasing and managing agent for a commercial real estate portfolio comprising more than two million square feet of Class A office facilities located throughout the New York metropolitan area. LMC and its parent company, Lincoln Equities Group, have built an outstanding reputation as a leading owner, developer and property manager in the market.
About Lincoln Group, LLC.
Lincoln Equities Group of Rutherford, NJ is a leading owner, investor and developer of commercial space in the New York metropolitan area. The company operates a commercial real estate portfolio comprising more than three million square feet of office, retail, and industrial space. Lincoln Equities is extremely active in the marketplace having recently closed several significant investment transactions with such institutional partners as Meritage Properties, Avenue Capital, Willett Companies, and Investcorp.
Recently, the company has expanded its third party management, leasing, and construction services to include handling assignments for INVESCO, Mariner Financial, American Standard, Loeb Partners Realty, and Wells Real Estate Investment Funds.
For more information please visit www.lincolnequities.com.
Comments (0)
Greater Paramus News and Lifestyle Magazine
http://www.paramuspost.com/article.php/20070721140428439