CUSHMAN & WAKEFIELD NAMED LEASING AGENT FOR 65 CHALLENGER RD

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Hartz Property Offers Class A Space, Signage Opportunity in Ridgefield Park, N.J.

RIDGEFIELD PARK, N.J. – April 5, 2012 – (RealEstateRama) — Commercial real estate services firm Cushman & Wakefield, Inc. has been named exclusive leasing agent for 65 Challenger Road, a Class A office building in Ridgefield Park. Hartz Mountain Industries owns the 167,000-square-foot property, which currently offers the opportunity for a full-floor user to secure prominent building signage with high visibility from the NJ Turnpike and Route 46.

Marc Trevisan, David DeMatteis and Slava Vaynberg of Cushman & Wakefield’s East Rutherford, N.J. office, are heading the assignment. The team is marketing units from 6,900 to 34,000 square feet; 65 Challenger Road’s floor plates include approximately 34,000 square feet. Hyundai American Shipping Agency currently anchors the property.

The building includes five stories of corporate-quality space above three levels of parking. Its tenants enjoy New York City skyline and waterfront views, a newly renovated lobby, and an onsite café and security. The property sits at the confluence of Route 46, I-80 and the NJ Turnpike, offering two immediate points of access to the George Washington Bridge and a direct, 15-minute bus link to Manhattan.

“65 Challenger Road is located next door to Samsung Electronics America, Inc.’s United States headquarters, which testifies to the appeal of this location,” DeMatteis said. “Additionally, the amount of exposure that a tenant with signage on the building would receive is tremendous.” The property neighbors a Hilton Garden Hotel.

“With Hartz Mountain Industries as a landlord, tenants at 65 Challenger can expect nothing but the best accommodations and service,” Trevisan said. “We are particularly gratified to have been selected as leasing agent by this esteemed property owner, which traditionally markets its assets in house.”

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About Cushman & Wakefield

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Evelyn Weiss Francisco: evelyn (at) caryl (dot) com, (201) 796-7788, www.twitter.com/carylcomm

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