WOODBRIDGE, NJ—Onyx Equities LLC has signed three new long-term leases totaling 66,000 square feet with high-caliber tenants at Onyx-owned and managed properties located throughout New Jersey. The completed transactions include a 39,200-square-foot lease with Sony Music; a 17,457-square-foot lease with Artech Technologies; and a 9,500-square-foot lease with PNC Wealth Management.

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

Sony Music is taking one-and-a-half floors at Onyx's 301 Route 17 North in Rutherford, NJ, to house several of its business divisions. Onyx recently completed several upgrades to the modern Class A office plaza, including renovations to the property's courtyard, parking, landscaping, sight signage and interior common areas. In addition to a cafeteria that seats 400 people, the building features a conference center with a seminar room, a fitness center, on-site day-care and on-site management. Sony Music selected the property for its premier amenities and efficient floor plates, as well as the attractive deal terms. The new lease will enable the company to consolidate its Manhattan and Lyndhurst operations into one location that is convenient for both its New York City and New Jersey workforce. Dan DePalma of JLL represented 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].