News:
Brokerage
Posted: July 14, 2010
Cinque and Bailey of Colliers International complete 19,379 s/f lease renewal
Colliers International has completed a 19,379-square-foot renewal on behalf of law firm Lum, Drasco & Positan at 103 Eisenhower Parkway, also known as the Eisenhower/280 Corporate Center, in Roseland, N.J. Mack-Cali is the landlord.
The Colliers International leasing team of Bryn Cinque and Jim Bailey represented the tenant. They noted that Mack-Cali, one of the strongest, financially stable property owners in the tri-state region, was a key contributor in the renewal process.
"Lum, Drasco & Positan have a strong relationship with Mack-Cali and wanted to remain in the building," said Cinque, executive managing director with Colliers International. "Renewing in the well-positioned and maintained space also provides operational continuity for both their clients and employees."
Tags:
Brokerage
MORE FROM Brokerage
AmTrustRE completes $211m acquisition of 260 Madison Ave.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
.jpg)
Quick Hits
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
.gif)