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Deals & Dealmakers

C&W to lease KABR, Kushner property

Cushman & Wakefield has been awarded the leasing agency by The KABR Group, LLC & Kushner Companies for 55 Challenger Road, a 302,000 s/f, six-story class A office building in Ridgefield Park.

The firm’s Morristown, N.J.-based team of Raymond Trevisan, William O’Keefe and Kelsey Nakamura, along with East Rutherford, N.J.-based Christian Politan, are heading the assignment.

“This well-located and highly visible property is situated within Overpeck Centre, a 60-acre development with mixed uses and superior amenities,” said O’Keefe.

“Constructed in 1990 and substantially renovated by KABR in 2014, 55 Challenger Road currently has 150,000 square feet available. With opportunities from 3,000 square feet up to the full 150,000 square feet, it can accommodate any size requirement that’s currently in the market.”

The building’s on-site amenities include a full-service cafeteria, gym with shower and lockers, on-site management, 24/7 manned security desk and covered executive parking.
The surrounding Overpeck Centre development includes a five-star Hilton Garden Inn and AMC

Theatre, and is adjacent to the 150-acre Overpeck County Park. It has direct access to and visibility from the New Jersey Turnpike, I-80 and Route 46, and is just minutes from the Lincoln Tunnel, George Washington Bridge and Newark Liberty International Airport.

“We chose Cushman & Wakefield for this assignment because of the firm’s strong track record in this marketplace,” said Trent Taylor, VP of Commercial Real Estate of the Ridgefield Park-based KABR Group. “We’re very confident that our partnership will quickly bear results and expand the existing high grade tenant roster.”

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