Howard Properties, Ltd. Represents Cervalis, LLC In 148,191 SF New Jersey Data Center Transaction - howprop.com websites

Howard Properties, Ltd. Represents Cervalis, LLC In 148,191 SF New Jersey Data Center Transaction

01 Feb2009

Howard Properties, Ltd. Represents Cervalis, LLC In 148,191 SF New Jersey Data Center Transaction

Howard E. Greenberg, President of Howard Properties, Ltd., White Plains, New York, has announced that it has represented Cervalis, LLC in a lease transaction for a major new data center in New Jersey. The tenant signed a long term lease for an entire building of 148,191 SF in Northern New Jersey. This facility will house 50,000 SF of raised floor data center space, as well as 25,000 SF of work area recovery space and administrative offices.

This lease represents Cervalis’ first facility in New Jersey, giving the company a full-service presence in New York, New Jersey and Connecticut. Cervalis now occupies more than 280,000 square feet of space for its data centers and disaster recovery centers in the tri-state area.

Cervalis is a premier provider of IT infrastructure solutions including business continuity, rapid recovery, managed hosting, managed security, managed storage, networking & telecommunications and co-location. The company’s skilled professionals, world-class facilities and outstanding customer support provide its clients with a secure IT environment that ensures business resilience.

“This facility is to be built from the ground up according to Cervalis’ exacting standards” said Michael Boccardi, its Chief Executive Officer. “All of our experience constructing our New York and Connecticut facilities will help us to build a custom, truly state of the art data and work recovery center to serve clients in New Jersey and offer our clients complete production and backup facilities throughout the tri-state region.”

Howard E. Greenberg, President of Howard Properties, Ltd. represented Cervalis, LLC in partnership with Craig Zurick, Senior Vice President of Garibaldi Group, Chatham, New Jersey. This is the ninth real estate transaction in which Mr. Greenberg has represented the company since it was formed in 2000.

Howard Properties, Ltd., which is headquartered in White Plains, NY, specializes in tenant representation and real estate consulting. Founded by veteran commercial broker Howard Greenberg in 1998, Howard Properties has completed space acquisitions, dispositions, lease renegotiations and consulting assignments in 20 states. The firm is an affiliate member of CORFAC International, an association of independent real estate brokerage firms represented in more than 150 markets in The Americas and Internationally.