Avaya sells Basking Ridge Headquarters Building

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Avaya sells Basking Ridge Headquarters Building

Postby Administrator » Fri Oct 11, 2013 9:39 pm

http://www.njbiz.com/article/20131011/NJBIZ01/131019955/Avaya-sells-headquarters-leases-back-at-half-capacity

Telecom company Avaya Inc. has sold its Somerset County headquarters to a joint venture of Onyx Equities and Rubenstein Partners, the real estate firms said.

As part of the deal, Avaya will lease back about half of the 282,000-square-foot office building, which sits at 211 Mount Airy Road in the Basking Ridge section of Bernards. The sale price was not disclosed in an announcement late Thursday afternoon.
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Re: Avaya sells Basking Ridge Headquarters Building

Postby tpcannon » Sat Oct 12, 2013 8:09 am

Vulture capital management fees must have been due...
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