Jones Lang LaSalle
Publisher Takes 90,000-SF Sale-Leaseback Deal
By Eric Peterson
Last updated: February 15, 2006 10:11am
BURLINGTON, NJ-Berk & Berk of Franklin Plaza LLP has acquired Franklin Electronics Publishers’ 90,000-sf headquarters building, One Franklin Plaza. As part of the transaction, the company signed a long-term lease and will continue to utilize the facility as its home base.
The buyer is a local partnership; the sale price was not disclosed. The sale-leaseback transaction was arranged for the seller by Kirk K. Miller and Brian J. Harris of the Philadelphia office of Cushman & Wakefield.
One Franklin Plaza is a combination office/flex building. Franklin Electronic Publisher’s has the space built out for both headquarters offices and warehouse uses. The company develops and markets a variety of hand-held reference products, ranging from dictionaries to Bibles.
Publisher Takes 90,000-SF Sale-Leaseback Deal
By Eric Peterson
Last updated: February 15, 2006 10:11am
BURLINGTON, NJ-Berk & Berk of Franklin Plaza LLP has acquired Franklin Electronics Publishers’ 90,000-sf headquarters building, One Franklin Plaza. As part of the transaction, the company signed a long-term lease and will continue to utilize the facility as its home base.
The buyer is a local partnership; the sale price was not disclosed. The sale-leaseback transaction was arranged for the seller by Kirk K. Miller and Brian J. Harris of the Philadelphia office of Cushman & Wakefield.
One Franklin Plaza is a combination office/flex building. Franklin Electronic Publisher’s has the space built out for both headquarters offices and warehouse uses. The company develops and markets a variety of hand-held reference products, ranging from dictionaries to Bibles.
posted by Jones Lang LaSalle NJ News Blog at 9:41 AM
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