A — December 6 - 19, 2013 — Mid Atlantic Real Estate Journal
www.marejournal.com M id A tlantic R eal E state J ournal Vatech America, Inc. will relocate to Fletcher Ave. Cushman & Wakefield handles 16,000 s/f HQ lease
F
ORT LEE, NJ — Vat- ech America, Inc . has signed a lease for
16,000 s/fof office space at 2200 Fletcher Ave. in Fort Lee, NJ, announced commer- cial real estate services firm Cushman & Wakefield of New Jersey, Inc. , leasing and management agents for the classAproperty. The East Rutherford-based Cushman &Wakefield team of Richard Baumstein , Marc Gra- ham and Christian Politan represented owner James Campbell Company . Vatech America, Inc., a
2200 Fletcher Ave., Fort Lee, NJ
leading provider of digital im- aging products and services, was represented by Sarah Kim of Z Realty Group, LLC . With the transaction, the tenant will relocate its U.S headquarters to north- ern Bergen County from its current location in the Mead- owlands. “With a need to expand, this location perfectly fit Vatech America’s requirements,” said Politan. “This is also a welcome transaction for the Fort Lee office market, which has been stagnant with the exception of existing tenants moving within the market. This latest transaction cre- ated some positive absorption for the market.” The signing leaves an avail- ability of 25,782 s/f at 2200 Fletcher Ave., a 215,500 s/f, seven-story building that was constructed in 1988 and re- cently underwent substantial upgrades. It is located on five acres near the George Wash- ington Bridge, I-80, I-95, Palisades Interstate Parkway and Route 9W. Amenities in- clude an atrium lobby, fitness center, café, parking garage, security system and 24/7 on- site security. “More building improve- ments are being made going forward,” said Politan. “With its amenities, great location and accessibility and strong institutional ownership, it is a prime location for business. We are seeing considerable in- terest in the remaining space and anticipate additional an- nouncements soon.” The Hawaii-based James Campbell Company acquired 2200 Fletcher Ave. as part of the company’s initial expan- sion into the New Jersey/New York market. n
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