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LINCOLN EQUITIES GROUP
NEGOTIATES LEASE EXPANSION/EXTENSION FOR WILLETT
COMPANIES LLC WITH NORTH SHORE-LIJ HEALTH SYSTEM IN
LAKE SUCCESS, NY
RUTHERFORD, N.J., – The North Shore-LIJ Health
System has expanded and extended its lease agreement
at 1979 Marcus Avenue in Lake Success, New York,
adding 29,613 square feet of space to its existing
33,967-square-foot lease, bringing the total
footprint to 63,580 square feet. Lincoln Equities
Group’s Daniel S. Ackerman, senior director of
leasing, represented Willett Companies, the
property’s owner, in this transaction.
“As
a long-standing tenant in the building, North Shore-LIJ
was happy with the current amenities that 1979
Marcus Avenue has to offer. Additionally, they were
in need of more space to accommodate a new office
and an educational training center,” said Mr.
Ackerman. “Ultimately, we were able to negotiate an
attractive expansion and renewal package with North
Shore-LIJ that reflects the positive history and
relationship that the building’s owner, Willett
Companies, maintains with their tenants, both new
and existing.”
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INVESTING IN TOUGH
TIMES
A ROUNDTABLE DISCUSSION FEATURING LINCOLN EQUITIES'
JOEL BERGSTEIN
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MERITAGE PROPERTIES AND LINCOLN EQUITIES GROUP
RECORD SUCCESSFUL YEAR AT AMERICAN METRO CENTER
-Leasing
Activity Remained Strong in 2008 at American Metro
Center-
HAMILTON, N.J., JANUARY XX, 2009 – This past
year, American Metro Center, located at 240
Princeton Avenue in Hamilton, New Jersey was one of
the most active new developments in the region.
Owned in a partnership of Meritage Properties LLC.,
and Lincoln Equities Group; American Metro Center
offers the most cost effective leasing options in
the New York, New Jersey and Pennsylvania corridor.
In an otherwise challenging year, American Metro
Center closed approximately 65,000 square feet of
leases in 2008.
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