RXR Honors New Jersey's Real Estate Community At Annual Year-End Gala
By Mel Fabrikant Friday, January 08, 2010, 10:15 AM EST
RXR Realty LLC ("RXR"), the leading real estate operating company in the New York, Tri-State region, hosted its annual year-end gala and broker awards event on December 2, 2009 at its premier One Giralda Farms office property, located in Madison, N.J. Recognized as one of the most highly anticipated annual industry gatherings in the region, RXR hosts this annual event in recognition and celebration of the New Jersey brokerage community for their work in the northern and central New Jersey markets.
In addition, RXR presented its annual "Broker of the Year" award to Jane Moni of Triad Realty in recognition of her outstanding work on the Otsuka America Pharmaceutical, Inc. transaction, a 67,531-square-foot long-term lease at University Square, RXR's newly completed 313,000-square-foot premier Class-A office building located in the Princeton submarket.
"Closing transactions in these turbulent economic conditions is very challenging, particularly completing deals of the size and scope of the lease agreement with Otsuka America Pharmaceutical, Inc.," said Todd Rechler, President, RXR New Jersey. "Jane's work in closing this transaction with such efficiency, accuracy and speed, illustrates her deep knowledge of the local market and her ability to find solutions to challenges that arise during these large and complicated deals. We are delighted to honor her with this award as a token of our appreciation for her hard work and dedication. At RXR, we believe that our continued success in the marketplace is due in part to our emphasis on working closely with the brokerage community. We like to take this opportunity to give back to the brokers that have worked so hard for us over the past year by hosting this annual year-end gala."
RXR owns and manages one of the highest quality Class-A office portfolios in the state. RXR's New Jersey portfolio spans over 3 million square-feet and is spread throughout eleven localities in the state, boasting assets in strategically selected properties in prime corporate locations such as:
In Short Hills, 51 JFK Parkway, 101 JFK Parkway and 103 JFK Parkway, totaling 564,051 square feet, is an elite trophy property offering Class-A professional space in a setting located directly across from the Short Hills Hilton, New Jersey's only 5-star hotel. The campus is immediately accessible to the New Jersey Turnpike and parkway system and is within minutes of the Newark Liberty International Airport.
In Madison, RXR's properties include: 1 Giralda Farms, 3 Giralda Farms, 7 Giralda Farms and Giralda Farms Office Park, a two-building, 451,431-square-foot ground-up development that offers an additional expansion opportunity of up to 1.25 million square feet of additional new space.
In Princeton, RXR has recently completed the world-class University Square development, a 313,000-square-foot Class-A office building which features state-of-the-art amenities, a gourmet café, world-class fitness center and a dramatic two-story atrium lobby with sophisticated cherry wood and granite finishes. University Square is located within minutes of downtown Princeton Borough's Palmer Square Shoppes and Princeton University. The Hyatt Regency Hotel and Conference Center are adjacent to the office campus. We don't mention the other properties at the park. At first I thought it was only the Class A- but we list Rockaway
In Morristown, 44 Whippany Road, a 220,000-square-foot Class-A office building overlooking a serene pond set amid meticulously landscaped park-like surroundings. Tenants are served with first-class amenities including an on-site café, dramatic three- story atrium lobby, security access and ample parking. This property is easily accessible to Interstate 287, the Morristown Airport, shopping and restaurants.
In West Orange, the Executive Hill Office Park, a four-building 400,000-square-foot Class-A office complex, overlooking Route 280. With its array of amenities, which include a health club, conference room, full service café and shuttle services, this building continues to attract new tenants. The office park is located next to the Marriott Courtyard and the Essex Green Shopping Center.
In Hackensack, 3 University Plaza, a 219,794-square-foot, six-floor building located in the municipal seat of Bergen County, which features an on-site café, copy center and bank. The building is within 10 minutes of the George Washington Bridge, near Routes 4 and 17 and the Garden State Parkway.
In Parsippany, Cherry Hill Office Park, a twin building 188,974 square-foot office park situated on one of the township's park-like properties with a pond. With easy accessibility to Routes 80 and 46, the buildings offer many tenant amenities including on-site café and conference room.
In Rockaway, 400 Forge Way, a 73,000 square-foot-office/flex building located on a sprawling four-building campus setting, which overlooks a pond.
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