News: Brokerage

Lincoln Property Co. renews 3,243 s/f lease for Mendham Capital Management

Basking Ridge, NJ According to Michael Taylor, senior vice president of Lincoln Property Co., on behalf of CIG Properties, Mendham Capital Management, Inc. has signed a long-term lease extension for 3,243 s/f on the second floor at 180 Mt Airy Rd. Mendham Capital Mgmt. elected to exercise their option to extend.  

Lincoln Property Co.’s senior vice president, Rick Genthe and Sean O’Brien, leasing associate, served as in-house leasing agents on behalf of CIG Properties, and Lee Barnes with the Woodman Group LLC represented Mendham Capital Mgmt. 

“We are pleased to have Mendham Capital Management, Inc. extend their lease with us at 180 Mt. Airy Rd.,” said Taylor. “This extension is a reflection of Lincoln Property Co. and CIG Properties continued commitment to providing our tenants with a superior quality office environment and level of service, in addressing their needs  in a timely and cost-effective manner and by providing them with a state-of-the-art facility in one of the most desirable locations in the state.” 

“Many thanks to Lincoln Property Company for their longstanding partnership with Mendham Capital Management,” said William Burke, Jr., president of Mendham Capital Mgmt. “180 Mount Airy Rd. has been a wonderful home for our practice since 2013. We so appreciate Lincoln’s attention to detail and outstanding tenant service.”

180-188 Mt. Airy Rd. consists of two mirror 50,000 s/f two-story office buildings separated by a large reflective pond and set on a picturesque 11-acre site just off exit 26, a full four-way interchange on I-287. The property provides access to the New Jersey/New York metropolitan area and is close to I-78, the Peapack Gladstone NJT train line, Morristown Airport and Newark Liberty International Airport.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent