November 9, 2009 - Onyx Equities, LLC announced today that it has recently completed five separate lease transactions at Jericho Plaza in Jericho, New York totaling approximately 93,332 square feet of space within the 650,000 square foot, two-building Class A office complex. "Jericho Plaza continues to be a vibrant and healthy office complex due to its superior location, amenity package and high quality management," stated Michael Nevins, vice president of asset management, Onyx Equities. "This Class A complex is considered one of the area's most prominent office parks which has continuously added premier tenants to its roster."

Over the past 4 months, Onyx Equities, LLC has successfully completed the following lease transactions within Jericho Plaza:

- Travelers' 35,879 square foot lease renewal and 4,299 square foot expansion. Robert Ageloff from Jones Lang LaSalle represented Travelers in this transaction.

- Ernst & Young's 19,832 square foot new long term lease agreement. Cushman & Wakefield's Ted Stratigos completed this transaction on behalf of Ernst & Young.

- Berdon, LLP's 16,115 square foot long term lease renewal.

- Nathan's Famous, Inc.'s 12,582 square foot long term lease, relocating its corporate headquarters from Westbury, New York. Vincent LaManna of CBRE and Jeffrey Lichtenberg of Fountainhead Enterprises represented the tenant in this transaction.

- Capital One Bank's 2,876 square foot lease renewal and 1,749 square foot expansion.

Adam Rochlin of The Rochlin Organization handled all of the new lease transactions on behalf of Onyx and continues to market the building. "We currently have a number of interesting opportunities including a fully built out Tier 3 data center that can accommodate over 17,000 square feet."

Jericho Plaza is situated on 52 acres and features amenities such as building cafeterias, a fitness center, roving security, on-site property management, ample parking and storage space. Located immediately off of the Long Island Expressway from exits 40 and 41, Jericho Plaza's current tenants include such prestigious companies as New York Community Bank, Morgan Stanley, Bank of America, RBC Dain Rauscher, Deloitte & Touche, IBM, Georgia Pacific, Utica Mutual, State Bank of Long Island and Bank of New York. With these recent lease transactions, the building is currently 96% leased.

"As we approach the close of 2009, we are continuing to see activity in well maintained Class A office properties such as Jericho Plaza," continued Nevins. "There are a great deal of opportunities out there for companies that are looking for quality office space and we believe that we will continue to find the right tenants, such as Nathan's and Ernst & Young."

About Onyx Equities, LLC
Headquartered in Woodbridge, New Jersey, Onyx Equities, LLC was formed in 2004 and currently owns and/or manages a portfolio of 3,500,000 square feet of office, retail and industrial properties located in New Jersey, New York and Pennsylvania. Since its inception, Onyx has acquired over $750 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.