ARGO TURBOSERVE EXPANDS HQ LEASE AT CITYVIEW CORPORATE CENTER
Cushman & Wakefield Serves as Leasing Agent for Lyndhurst, N.J., Property
LYNDHURST, N.J. – June 24, 2011 – (RealEstateRama) — Argo Turboserve Corporation (ATC), a provider of supply chain management and nuclear engineering services, has expanded and extended its headquarters lease at Cityview Corporate Center in Lyndhurst, announced commercial real estate services firm Cushman & Wakefield, Inc. The company added 5,200 square feet to its space at the 160 Chubb Ave. property, bringing its occupancy to a total of 19,840 square feet.
“ATC is expanding their Industrial Division and corporate infrastructure, and in doing so has recommitted to the property on a long-term basis,” said Cushman & Wakefield’s Curtis Foster, based in East Rutherford, N.J., who serves as the Class A office property’s exclusive leasing agent on behalf of its ownership, a Boston-based real estate pension fund. Kwartler Associates, Inc. is the managing agent and developer for Cityview Corporate Center.
“We were pleased to accommodate ATC’s growth in contiguous space,” Foster noted. “This building is flexible in that regard – we were able to easily relocate other tenants in order to satisfy the requirement.”
ATC, which was represented in the transaction by John Friedland and James Klayman of United Realty Advisors, LLC, is an entrepreneurial company that provides world-class customized services to Fortune 500 companies and the federal government. The firm supports the aerospace, nuclear and industrial markets.
Completed in 1977 and extensively renovated in 2005-2006, the three-story Cityview Corporate Center consists of 138,000 square feet on 8.4 acres in Bergen County’s Meadowlands submarket. The property has direct access to routes 3 and 17, I-80, the Garden State Parkway and New Jersey Turnpike, and NJ Transit. On-site amenities include a full-service café, 24/7 card key access, and 324 outdoor parking spaces. The building was awarded an Energy Star label in 2010 for its operating efficiency. ###
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