14B — March 10 - 23, 2017 — Northern New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N orthern N ew J ersey Lessing of DSR Group, LLC represented the landlord, KABR
NGKF represents FORT Group with long-term office lease in Ridgefield Park, New Jersey R idgefield Park, NJ — Newma r k Grubb Knight Frank
marketing communications company. Since the firm’s inception in 1989, it has been at the forefront of offering cli- ents a full array of marketing services through comprehen- sive in-house resources. The company develops successful communication strategies for a variety of market segments, from consumer food products, to healthcare, financial, build- ing supplies and more. The FORT Group will be relocating from its current office space on part of the fifth and eighth floors of 100 Challenger Rd. to the entire
seventh floor of the same building. The new office will feature a pristine build-out to allow for increased synergies amongst the firm’s depart- ments in a contiguous space. 100 Challenger Rd. will con- tinue to serve as the compa- ny’s headquarters and grant its employees access to the amenities and conveniences they value within Overpeck Park. Situated on 370 acres of land boasting tennis courts, basketball courts and recre- ation trails, the office park is just ten minutes from the Lincoln Tunnel, five minutes from the George Washington Bridge and 15 minutes from the Newark Airport. Its loca- tion offers easy access to the New Jersey Turnpike, I-80 and Route 46. Remaining in the same building allows for a seamless transition of the firm’s operations. The official move-in date is slated for the summer of 2017. In recent months, the build- ing the owner began proac- tively upgrading the property through extensive renova- tions to the common areas. Improvements were made to the building’s main lobby, a ground-floor grab-and-go café as well as on-site gym and shared tenant conference room. With FORT Group’s lease not set to expire until 2018, NGKF worked with the own- ership to restructure the lease early with a long-term com- mitment for the new floor. KABR has also agreed to as- sist with FORT Group’s build- out of the seventh floor. “With this deal, we were able to help FORT Group take advantage of today’s market while up- grading both their space and their image simultaneously,” said Recine. “After a full eval- uation of the market, we found that 100 Challenger Rd. still offered everything that FORT Group was looking for in its new office and management at KABR was very accom- modating and reasonable to work with.” “We are pleased to main- tain a residence at 100 Chal- lenger Rd.,” said FORT Group president and chief executive officer Frank DiGioia. “The new build-out will meet our company’s needs for a modern office space and will further enrich our collaborative work environment by consolidating operations to a single floor.” n
(NGKF) has completed a new lease for FORT Group at 100 Challenger Rd. in Ridge- field Park. NGKF executive managing director Frank Recine and director Bren- dan McBride represented the tenant in its relocation to 11,500 s/f on the seventh floor of the building. Dan Lessing of DSR Group, LLC repre- sented the landlord, KABR, in the transaction. The FORT Group is an award-winning, full-service
100 Challenger Rd.
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