The bank will open new its location in Lakewood, NJ
FORT LEE, NJ – January 14, 2008 – Metro Commercial, one of the region’s largest full-service retail real estate firms, successfully negotiated the lease of a 4,000-square-foot site in Lakewood, NJ, to Investors Savings Bank.
The bank, slated to open in the summer of 2008, will be located in a newly developed five-story office building in the heart of Lakewood’s central business district. Metro Commercial’s Ira Kerner represented Investors Savings Bank in the lease transactions. Uman Realty, the firm that developed the 29,250-square-foot office building at 101 Clifton Avenue, was represented by the Schultz Organization.
“We are very excited about our new branch in Lakewood’s downtown market,” says Kevin Cummings, President and Chief Executive Officer, Investors Savings Bank. “We were drawn to this location because we can provide the financial products and outstanding service that the community has come to expect.”
With its high visibility and accessibility to the local downtown community of Lakewood, Investors Savings Bank is the perfect tenant for the impressive building. “We are extremely pleased that Investors Savings Bank has selected the new office building to establish a presence,” notes Kerner. “They are expecting to do very well there and only grow bigger and better in the future.”
With assets of nearly $6 billion, Investors Savings Bank is New Jersey’s 4th largest independent community bank. The bank has been serving the communities of New Jersey for over 80 years with 47 full-service branches in eight counties. Investors Savings Bank is dedicated to serving the banking needs of area families, small businesses and commercial real estate clients.
Media Contact:
Metro Commercial Real Estate
Michael Reisman
610-260-2671
mreisman (at) metrocommercial (dot) com
Metro Commercial (www.metrocommercial.com) is one of the largest full-service retail real estate firms in the region with transaction considerations exceeding $1.1 billion. Metro Commercial specializes in retail tenant representation, shopping center leasing, property management, investment property sales and construction services. With 3 offices located in Pennsylvania and New Jersey, Metro Commercial currently represents nearly 50 national retailers and serves as the exclusive leasing agent for more than 200 properties, totaling nearly 20 million square feet.
