Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PISCATAWAY, NJ-American Standard Inc., the plumbing supply giant, has re-upped for a total of 79,305 sf in Building B at One Centennial Plaza here. The company, which uses the space as its corporate headquarters, occupies all three floors of the building. Building B and its companion Building C are co-owned by Lincoln Equities Group of Rutherford, NJ and global investment group Investcorp.

Rob Fisher, the director of leasing for Lincoln Equities, along with colleague Susan Lulla, provided in-house representation for the owner. Robert Sheehy and Sean Brady of Cushman & Wakefield spoke for American Standard. Terms of the transaction were not disclosed.

“American Standard is a world-class company, and we are very happy to have renewed its headquarters lease,” comments Joel Bergstein, executive vice president of Lincoln Equities.

Built in 1984, Lincoln Equities’ and Investcorp’s two buildings at One Centennial Plaza add up to a total of more than 237,000 sf, with the larger Building C accounting for approximately two-thirds of the total. Located just off I-287 in this Middlesex County community in Central New Jersey, the complex features a daycare facility operated by the Harmony School, a fitness center and a 244-seat cafeteria. As part of the American Standard transaction, Lincoln Equities has agreed to renovate the cafeteria, a project slated to be completed next year.

Lincoln Equities currently operates a commercial real estate portfolio consisting of more than 2.25 million sf of class A office space and one million sf of industrial space in New Jersey and New York’s Long Island. The company continues to be active in the marketplace, according to Bergstein, having recently closed several transactions with such institutional partners as Investcorp and Crow Holdings.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.