Cushman & Wakefield Arranges HQ Expansion for Antenna Software at Lefrak's Newport Financial Center
Transaction Increases Mobility Specialist's Presence by 50 Percent.
- Newark, NJ (1888PressRelease) March 15, 2012 - Commercial real estate services firm Cushman & Wakefield, Inc, has orchestrated a headquarters expansion and extension for Antenna Software at 111 Town Square Place, Newport, Jersey City, N.J. The transaction increases Antenna Software's presence by more than 50 percent to 22,000 square feet, and represents the company's fifth worldwide office to be opened or expanded in the last 12 months, the second of which was facilitated by Cushman & Wakefield.
The tenant was represented by Peter Hamburger, Harlan Hollander, and Walter Schoenberg of Cushman & Wakefield in East Rutherford. Owner Newport Center I Ltd. Partners, an affiliate of The LeFrak Organization, was represented in-house by Thomas Traugott, regional leasing director.
"As an innovative leader in the growing mobile market, Antenna Software continues to expand very rapidly, requiring the additional space and facilities," said Hamburger. "This transaction, a 10-year lease, included a two-and-half year extension of the company's existing lease."
"We are pleased to be able to support Antenna's growth and have them as a long-term client," said Traugott. "Newport's modern technological infrastructure, exceptional transportation options, and overall amenities make it a great place for established technology companies such as Antenna to attract talent and grow their businesses with lower occupancy costs than Manhattan."
Antenna Software is an enterprise mobility specialist that helps organizations create and manage mobile apps, websites and content across the entire business. The company, which provides services via its Antenna Mobility Platform (AMP), recently developed an app for Cushman & Wakefield, marketed through AT&T's Mobile Enterprise Application Platform (MEAP). The CWmobile app helps the firm's brokers provide an enhanced, innovative real estate viewing experience when working with clients.
"Mobility is becoming a strategic imperative for a growing number of enterprises that want to differentiate their brand and enhance customer interactions and relationships, and Cushman & Wakefield is no exception," said Jim Somers, chief marketing and strategy officer at Antenna."The CWmobile application we developed for the firm is a great example of the myriad benefits mobility provides, helping companies capitalize on new opportunities and serve their customers - including Antenna."
Newport Financial Center is located on Jersey City's Hudson River waterfront and is part of LeFrak's Newport mixed-use development community. This 500,000-square-foot, 14-story class A building supports the mission critical IT infrastructure of top-tier financial institutions, telecommunications companies, and managed/cloud service providers.
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About Cushman & Wakefield
About Antenna Software:
Antenna provides a complete solution for businesses to design, publish and manage mobile websites and apps across all Internet-connected devices, including smartphone, tablets, feature phones and IP TV. Only Antenna can deliver the whole spectrum of mobile experiences, from powerful apps that empower employees to be more effective to mobile-optimized websites that make it easier for consumers to do business with their favorite brands. Antenna's mobile cloud makes all the hard stuff like security, integration, performance, scalability and management look easy (even though it's not). That's why leading Global 1000 companies rely on Antenna to be their trusted mobility partner. Founded in 1998, Antenna is headquartered in Jersey City, N.J., with offices around the world.
About Newport
Newport is a 400-acre waterfront "live, work, shop and dine" community - just minutes from Manhattan. This mixed-use community consists of office, residential, retail, leisure and entertainment facilities.
Located on the Hudson River waterfront, Newport is situated opposite lower Manhattan and offers breathtaking views of New York's skyline and panoramic harbor. Connected to the rest of New Jersey and New York by PATH train, light rail, buses and NJ Transit, Newport is home to Fortune 500 businesses, world-class restaurants and retail, and luxury apartments.
To learn more about Newport, visit www.newportnj.com
To learn more about The LeFrak Organization's Real Estate Division, visit www.lefrak.com
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