Posted: July 27, 2010
Onyx Equities inks 15,004 s/f lease; LaRuffa of NAI LI reps tenant, Rochlin of Rochin Org. acts for owner
According to Onyx Equities, LLC, it has recently completed a 15,004 s/f lease agreement with Kintetsu World Express U.S.A, Inc., a key player in the global transportation and freight industry, at One Jericho Plaza.
John LaRuffa, managing director at NAI Long Island, represented the tenant in this transaction, while Adam Rochlin of The Rochlin Organization represented the ownership, One-Two Jericho Plaza Owner, LLC.
"Considered to be Long Island's most prominent office park, Jericho Plaza is a well located Class-A office complex, which has continuously added premier tenants to its roster because of the quality of the asset, its superior management team and its accessibility to the region's major thoroughfares, including the Long Island Expressway, and its strong, stabilized ownership structure," stated Michael Nevins, Vice President of Asset Management for Onyx Equities. "We are pleased to welcome The U.S. headquarters of Kintetsu World Express, Inc. to this outstanding asset and we believe they will be very pleased with their new space."
Onyx Equities has recently added a number of high-profile tenants to Jericho Plaza within the last year, including Nathan's Famous, Inc. and Ernst & Young.
Jericho Plaza is a 640,000 s/f, two-building complex that is comprised of 52 lush acres of land. This class-A suburban office facility features amenities such as on-site property management, a fitness center, multiple cafeterias, roving security services, ample reserved parking and storage space. Located immediately off of the Long Island Exwy. from exits 40 and 41, Jericho Plaza's current tenants include such prestigious companies as Deloitte, IBM, Morgan Stanley, Utica Mutual, New York Community Bank, State Bank of Long Island, Traveler's Insurance and Georgia Pacific.
Headquartered in Woodbridge, New Jersey, Onyx Equities, LLC was formed in 2004 and currently owns and/or manages a portfolio of 3,500,000 square feet of office, retail, and industrial properties located in New Jersey, New York and Pennsylvania. Since its inception, Onyx has acquired over $750 million in assets throughout the region.
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