CONSTRUCTION RELATED SERVICES

Linque Realty Services (LRS) is the Construction Management Division of the Lincoln Equities Group of companies.  LRS was formed in 1997 and  has performed over 95 percent of the Tenant Improvements and all Capital Improvements, as well as managing all the development projects related to the portfolio.   LRS is involved in all forms of construction, from remodeling office space, to renovating and helping reposition existing assets, to constructing new office buildings from the ground up.  LRS was created to give the owners greater control over costs, scheduling, and quality, as well as a comprehensive level of construction expertise.  By working closely with the Leasing and Property Management divisions, LRS can offer superior pricing, shorter schedules, quicker turn around time and higher levels of customer satisfaction. LRS provides budget estimates to the Leasing Department which is used to negotiate leases with potential clients.  LRS works closely with Property Management to ensure that the construction projects do not conflict with the building’s operations and minimize adjacent tenant interruptions.  LRS provides guidance for larger repair and maintenance work needed for the buildings in the portfolio and ensure that all the building systems are properly tested and working once construction is completed.

Some the more recent capital and development projects LRS is involved in include a $3.5 Million renovation of the lobbies, cafeteria, and the exterior at the Meadows Office Complex in Rutherford, a $7.5 Million restoration of a 500,000 square foot parking garage in Lake Success, and the redevelopment of an existing manufacturing facility into Class A office space in a Historical building in Hamilton Township.   In addition we are also managing tenant construction for Sprint/Nextel, Quatern, Union Telecard Alliance (a division of the IDT Corporation), and General Chemical as they are tenants in our portfolio