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Three Tenants Sign Leases at Onyx’s Rockaway 80
By Eric Peterson
Last updated: February 22, 2006 09:29am
ROCKAWAY, NJ-Onyx Equities has added three new tenants to its Rockaway 80 Corporate Center here. The three new additions are Aegis Wholesale Corp., a mortgage brokerage firm; Sundance Vacation Network Inc., a travel agency; and Vreeland Insurance Inc. The total space consideration involved is 21,000 sf.
The deals were brokered for the Woodbridge-based Onyx by the Schultz Organization’s Douglas Gaffney and Michael Staskiewicz. Michele Andre of Weichert Commercial, Morris Plains, represented Vreeland; Eric Launer of Sutton & Edwards, Lake Success, NY, represented Aegis; and Sundance represented itself. Terms of the signings were not disclosed; however, available space is listed on the Schultz website with an asking price of $26.50 per sf.
“The location is continuing to attract small to mid-sized firms,” says Michael Nevins, vice president of asset management for Onyx. Nevins joined Onyx in January, coming over from Mack-Cali, where he was vice president of leasing. “Executives have found that this location shaves significant commuting time from office locations further east.”
Onyx acquired the 256,000-sf class A Rockaway 80 Corporate Center in early 2005, buying it from a partnership of Investcorp, Crow Holdings and Lincoln Equities for an undisclosed price. The asset currently has 65,000 sf available for lease, according to Nevins, including a full-floor unit of 32,500 sf. Onyx itself was formed in 2004 and is co-managed by John A. Saraceno Jr. and Jonathan B. Schultz.
Three Tenants Sign Leases at Onyx’s Rockaway 80
By Eric Peterson
Last updated: February 22, 2006 09:29am
ROCKAWAY, NJ-Onyx Equities has added three new tenants to its Rockaway 80 Corporate Center here. The three new additions are Aegis Wholesale Corp., a mortgage brokerage firm; Sundance Vacation Network Inc., a travel agency; and Vreeland Insurance Inc. The total space consideration involved is 21,000 sf.
The deals were brokered for the Woodbridge-based Onyx by the Schultz Organization’s Douglas Gaffney and Michael Staskiewicz. Michele Andre of Weichert Commercial, Morris Plains, represented Vreeland; Eric Launer of Sutton & Edwards, Lake Success, NY, represented Aegis; and Sundance represented itself. Terms of the signings were not disclosed; however, available space is listed on the Schultz website with an asking price of $26.50 per sf.
“The location is continuing to attract small to mid-sized firms,” says Michael Nevins, vice president of asset management for Onyx. Nevins joined Onyx in January, coming over from Mack-Cali, where he was vice president of leasing. “Executives have found that this location shaves significant commuting time from office locations further east.”
Onyx acquired the 256,000-sf class A Rockaway 80 Corporate Center in early 2005, buying it from a partnership of Investcorp, Crow Holdings and Lincoln Equities for an undisclosed price. The asset currently has 65,000 sf available for lease, according to Nevins, including a full-floor unit of 32,500 sf. Onyx itself was formed in 2004 and is co-managed by John A. Saraceno Jr. and Jonathan B. Schultz.
posted by Jones Lang LaSalle NJ News Blog at 4:59 PM
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