GLEN ROCK, NJ, March 28, 2006 – Onyx Equities, LLC has acquired the office property, known as Glen Rock Plaza, at 266 Harristown Road in Glen Rock, NJ.

The highly visible 60,000-square-foot, three-story office building is located at the intersection of Maple Avenue and Route 208 North offering excellent exposure for tenants.

“We have begun implementing a significant capital improvement program at the building, and we plan to market the available space not only to traditional office users, but also to medical users, an industry sector that is currently underserved in this area,” says Michael K. Nevins, Onyx’s Vice President of Asset Management.  “With a new façade, upgraded lobbies and common areas, and new landscaping, Glen Rock Plaza will offer prospective tenants an outstanding work environment in a highly accessible location.”

Existing tenants include: Spinato, November, Conte & LaRocca, BGA Engineering, Northwestern Mutual, and The Goldstein Group.  The property currently has approximately 21,000 square feet available consisting of the entire third floor, which can be subdivided.

Onyx has enlisted CB Richard Ellis (CBRE) to serve as the property’s leasing agent.  CBRE’s Jeffrey Babikian, Christopher Olsen, and William Hassan are handling the assignment.

Headquartered in Woodbridge, New Jersey, Onyx Equities, LLC was formed in 2004 and currently owns a portfolio of 1,250,000 square feet of office, retail, and industrial properties located in New Jersey, New York, Connecticut, and Pennsylvania. Since its inception, Onyx has acquired approximately $225 million in assets throughout the region.  For more information on Onyx Equities, LLC, contact the firm at (732) 362-8800, or visit www.onyxequities.com.