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Home» Posts tagged "new jersey office space"

Posts tagged "new jersey office space"

From Mobile Ads to Commercial Real Estate Investments

Posted by David Aynes - August 9, 2015 - Deals, Investing, Office, Retail, Technology
From Mobile Ads to Commercial Real Estate Investments

You don’t see this headline every day: Voltari exiting mobile ads, entering real estate; shares +23.8% Their SEC filing goes on to say that they are essentially firing the engineers and purchasing rental properties. This is an effort to preserve  and maximize the shareholders’ capital.  I wonder why the company did not just return capital […]

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Major Verizon NJ Sale-Leaseback Deal | Commercial Property Executive

Posted by admin - May 26, 2015 - Deals, In the News, Lease, Office

This sale-leaseback transaction involving a suburban office campus in New Jersey was completed at $464 per square foot, the highest /SF price of any suburban sale-leaseback transaction in the United States.  The article goes on to say that AT&T sold the property in 2002 for $142 /SF but that Verizon made “a significant investment to extensively upgrade […]

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