PARSIPPANY, NJ (February 1, 2020) – Michael Taylor, Senior Vice President, is pleased to announce that Solix, Inc. with their relocation of their Corporate Headquarters has signed a long term lease to occupy 31,442 sf at 10 Lanidex Plaza West in Parsippany New Jersey, a property owned in a JV between Red River Asset Management and Lincoln Property Company.
10 Lanidex Plaza West is a three story, 75,049 sf building, that is owned, managed and leased by Lincoln Property Company and is ideally located just off Parsippany Road and at the intersection of I-80 and I-287 in Parsippany, NJ. Mike Taylor said “we are extremely proud to have a company of the caliber of Solix, Inc. relocate their corporate headquarters to one of our properties.” Solix, Inc provides program management, technology solutions, consulting and customer care for several large national clients. The firm will occupy a portion of the second floor as well as the entire third floor at 10 Lanidex Plaza.
With help from Lincoln’s Rick Genthe and Bob Lee, they negotiated the new long term 12-year lease on behalf of the ownership. Solix, Inc. was represented by Tom Mallaney and Denise Kokolak of CBRE. “It was a pleasure working with Mike Taylor, Rick Genthe and Bob Lee of Lincoln Property Company in negotiating this multifaceted deal and I look forward to working with such quality ownership in the future.”
About Lincoln Property Company
Headquartered in Dallas, Texas, Lincoln Property Company is one of the largest and most respected diversified real estate services companies in the industry. The Company employs over 8,000 professionals in over 93 markets in 16 states. Lincoln Property Company is also one of the largest property and construction management firms in the country and offers a full spectrum of development investment sales and brokerage services for third party clients as well as for its own portfolio.
For more information about the full spectrum of services that Lincoln Property Company has to offer, please contact Michael Taylor at Lincoln Property Company’s Parsippany, New Jersey offices at (973)-599-0050.
About Red River Asset Management
Red River Asset Management offers real estate asset management services to select real estate clients. They invest in value-add and core-plus office properties in major and secondary markets throughout the U.S. Their property types include office, flex and industrial, with a special focus on distressed real estate and loan workout situations. They oversee leasing, property management, capital improvement programs, operational and financial reporting, refinancing, and asset disposition with long-term strategic planning and day-to-day operations of the property.