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Follow on Google News | Real Estate Strategies Corporation Advises Agfa Corporation in Acquisition of New U.S. HeadquartersAfter completion of construction, Agfa is expected to relocate to approximately 36,000 square feet of first-class office space at River Drive Center 3, 611 River Drive, Elmwood Park, NJ.
By: Shannon Corea (Somerset, New Jersey): Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, announced today that the New Jersey based corporate real estate advisory and transaction services firm completed another important real estate engagement on behalf of Agfa Corporation. In this case, Real Estate Strategies Corporation advised and represented Agfa Corporation in the negotiation of that company’s new U.S. headquarters. After completion of construction, Agfa is expected to relocate to approximately 36,000 square feet of first-class office space at River Drive Center 3, 611 River Drive, Elmwood Park, NJ. Agfa’s U.S. headquarters has been located at 100 Challenger Road, Ridgefield Park, New Jersey, for almost twenty-five years. “Agfa Corporation is a highly dynamic company, led by extremely accomplished and sophisticated leadership.” River Drive Center 3, located at 611 River Drive in Elmwood Park, NJ is an 85,000 square foot Class “A” office building developed by LKD, an affiliate of Langan Consulting, one of three office buildings at River Drive Center, totaling over 225,000 square feet. River Drive Center includes the headquarters of prominent New Jersey companies including Langan Engineering and Spencer Savings. River Drive Center is located across from 200 Riverfront Boulevard, a 74,000 square foot office building housing the headquarters of Sealed-Air and other prominent companies, and is the first of a multi-use real estate project, being developed by an affiliate of LKD. River Drive Center is strategically located in Passaic County in northern NJ and is situated between Interstate 80 and Route 46, with convenient access to Routes 20, 3, and the Garden State Parkway. About Agfa Corporation The Agfa-Gevaert Group develops, produces and distributes an extensive range of analog and digital imaging systems and IT solutions, mainly for the printing industry and the healthcare sector, as well as for specific industrial applications. Real Estate Strategies Corporation has planned and executed numerous real estate engagements on Agfa’s behalf, totaling in excess of 1.1 million square feet around the United States and Canada. About Real Estate Strategies Corporation Real Estate Strategies Corporation is a respected corporate advisory and transaction services firm that provides thought-leadership, decision-making, planning, project management, and transaction execution services to financial and senior executives at management team-led public, private, and portfolio companies, and not-for-profit organizations. Under the leadership of its award-winning CEO, Andrew B. Zezas, RealStrat’s clients engage the firm when acquiring, disposing, renegotiating, or enhancing occupied leased or owned real estate in New Jersey, Pennsylvania, New York, Connecticut, and throughout North America. By creating and executing Business DRIVEN Real Estate Solutions and identifying hidden Opportunities, RealStrat drives greater operational and financial performance in support of its clients’ stakeholder objectives, M&A requirements, and exit strategies. In the current economic environment, RealStrat’s efforts are focused on uncovering, capturing, and re-purposing hidden liquidity and minimizing risk in its clients’ leased and owned real estate. The firm provides counsel as to competitive advantage strategies in preparation for the eventual economic recovery. Visit www.RealStrat.com. Read about timely commercial real estate issues at RealStrat’s blog at www.CorporateAdvisor.wordpress.com. Follow RealStrat at http://www.Twitter.com/ LINKS: RealStrat News Biographies Articles Properties What Our Clients Say AndrewZezas.com For additional profiles, pictures, and more click here or go to http://realstratnews.wordpress.com/ Copyright Real Estate Strategies Corporation 2011. All Rights Reserved. End
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