WOODBRIDGE, NJ—Onyx Equities LLC hassigned three new long-term leases totaling 66,000 square feet withhigh-caliber tenants at Onyx-owned and managed properties locatedthroughout New Jersey. The completed transactions include a39,200-square-foot lease with Sony Music; a17,457-square-foot lease with Artech Technologies;and a 9,500-square-foot lease with PNC WealthManagement.

“These recent leases reflect the appeal of our strategicallylocated, high-quality owned and managed office properties amongleading-edge companies across a diverse range of industry sectors,”says Adam Karafiol, Senior Vice President Leasing,Onyx Equities. “Through our adoption of cutting-edge buildingmanagement technologies, we are able to provide our tenants with abetter workplace experience that supports their operational needsand positions them strongly for continued growth. We look forwardto delivering on that promise for Sony Music, Artech Technologiesand PNC Wealth Management.”

Sony Music is taking one-and-a-half floors atOnyx's 301 Route 17 North in Rutherford, NJ, tohouse several of its business divisions. Onyx recently completedseveral upgrades to the modern Class A office plaza, includingrenovations to the property's courtyard, parking, landscaping,sight signage and interior common areas. In addition to a cafeteriathat seats 400 people, the building features a conference centerwith a seminar room, a fitness center, on-site day-care and on-sitemanagement. Sony Music selected the property for its premieramenities and efficient floor plates, as well as the attractivedeal terms. The new lease will enable the company to consolidateits Manhattan and Lyndhurst operations into one location that isconvenient for both its New York City and New Jersey workforce. Dan DePalma of JLLrepresented Sony in the transaction.

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Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].