Earlier this month, the Fort Monmouth Economic Revitalization Authority (FMERA) signed an extension of the sublease to the Oceanport Police Department (OPD) to maintain their headquarters at the Main Post Firehouse for another six months. The building, currently leased to FMERA by the U.S. Army, was identified as an ideal location for the OPD to […]
The Fort Monmouth Economic Revitalization Authority (FMERA) marked another important step forward in the redevelopment of Fort Monmouth this month with the sale of the former Child Development Center in Tinton Falls to Trinity Hall. Trinity Hall, a non-profit corporation, plans to move its all-girls high school to the building for the start of the […]
At its February meeting, the Fort Monmouth Economic Revitalization Authority (FMERA) Board approved entrance into a Purchase and Sale Agreement & Redevelopment Agreement (PSARA) with Monmouth County for the sale and redevelopment of Parcel F-3 in the Tinton Falls Reuse Area. The approximately 3.5-acre property contains the 1,335-square-foot former Shopette Building and Gas Station, constructed […]
Earlier in February, less than four months after signing a Purchase and Sale Agreement & Redevelopment Agreement with the Fort Monmouth Economic Revitalization Authority (FMERA), RADAR Properties, LLC closed on an approximately 12.25-acre parcel of land located near CommVault in the Fort’s Charles Wood Area in Tinton Falls. The property includes Building 2525, an 86,400-square-foot, […]
Furthering its vision to bring a vibrant, walkable, live-work-play environment to the Fort, the Fort Monmouth Economic Revitalization Authority (FMERA) Board authorized FMERA staff this month to enter into exclusive negotiations with Fort Monmouth Parcel B Redevelopment, LLC for the 89 acre Parcel B site in Eatontown. In issuing a Request for Offers to Purchase […]
Fort Monmouth Economic Revitalization Authority (FMERA) Executive Director Bruce Steadman reminds all interested parties that Friday, February 5 at noon is the deadline to submit proposals in response to the Request for Offers to Purchase (ROFTP) for the Suneagles Golf Course property. Located in Eatontown, the 171-acre parcel of land includes the original 18-hole […]
Technology startup company TetherView spent January settling into its new location on the third floor of the approximately 42,300 square-foot Russel Hall building in Oceanport. The private cloud computing services company signed a sublease for the property on December 18, 2015, in anticipation of closing on the purchase in the next few months. TetherView, which […]
The Fort Monmouth Economic Revitalization Authority (FMERA) kicked off 2016 by issuing a Request for Proposals (RFP) for the sublease of Building 600, more commonly known as the McAfee Center. The building, located between Telegraph and Sherrill Avenues in Oceanport, previously served as an Army research & development (R&D) facility. The two-story building contains nearly […]
At its December meeting, the Fort Monmouth Economic Revitalization Authority (FMERA) Board approved the Authority’s 2016 Consolidated Budget to support FMERA’s ongoing mission. This year’s budget is intended to expand the Authority’s sources of funding while continuing to control costs and direct spending to advance the Authority on the path toward financial self-sufficiency. “The 2016 […]
2015 was a pivotal year, with the Fort Monmouth Economic Revitalization Authority (FMERA) Board entering into eight Purchase and Sale Agreements & Redevelopment Agreements (PSARAs) with corporations and other entities for the redevelopment of the Fort. “The PSARAs approved this year span a broad spectrum from technology to schools to residential areas,” Director of Real Estate […]