Michael Nevins, VP of asset management at Onyx Equities, says in a release that the property's location and amenities were deciding factors in Deloitte's decision to renew in place. Adam Rochlin of the Rochlin Organization and Eric Rubenstein of Ruskin Moscou Faltischek represented the landlord in this transaction, while CB Richard Ellis vice chairman John Nugent and SVP Raymond Ruiz represented Deloitte.

Situated off exit 40 from the Long Island Expressway, the two-building Jericho Plaza encompasses 640,000 square feet. The complex is currently 95% occupied, according to Woodbridge, NJ-based Onyx, which acquired it in 2007. In addition to Deloitte, other Jericho Plaza tenants include New York Community Bank, RBC Dain Rauscher, the Guardian, Morgan Stanley, IBM, Georgia Pacific, Travelers Insurance and Capital One Bank.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.