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Leases

Fujitsu finds new HQ in Montville

340 Changebridge Road, owned by Real Capital Solutions

Cooling and heating solutions specialist Fujitsu General America, Inc. has signed a 32,000 s/f U.S. Headquarters lease at 340 Changebridge Road in Montville, announced Cushman & Wakefield. According to the commercial real estate services firm’s Ben Brenner, who represented the Fujitsu General global subsidiary in its site search and lease negotiation with MariaGrace Iantosca, the relocation from Fairfield marks a notable “flight to quality” move for the organization.

“Fujitsu General previously housed its offices and warehousing at a tertiary flex facility,” Brenner explained, adding that the warehouse operation will relocate to Piscataway. “This new headquarters offers a completely modern, Class A environment. The client empowered my team to find a property that would transform the culture of its business – with a landlord who would recognize the opportunity to partner with one of the world’s most recognizable brands.”

340 Changebridge Road, owned by Real Capital Solutions, met both requirements. Cushman & Wakefield’s Curtis Foster and Jerry Shifrin serve as exclusive leasing agents for the recently repositioned, 100,000 s/f property – part of a former Bayer Pharmaceuticals campus fronting on I-80 at Exit 48.

Fujitsu General has partnered with Studio Eagle as architect and general contractor for its fit-out. The firm anticipates taking occupancy in early 2020.

“We look forward to our upcoming move and all the benefits it will bring for our team and our organization,” noted Matt Peterson, president of Fujitsu General America. “We appreciate what a positive experience the Cushman & Wakefield team created for us throughout the site search and negotiation process.”

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