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 […]
The Fort Monmouth Economic Revitalization Authority (FMERA) issued an unprecedented 10 Requests for Offers to Purchase (RFOTPs) in 2015, putting a combined 306 acres up for redevelopment. “Through the RFOTPs issued this year, FMERA underscored its intentions to create a thriving live-work-play community within the host municipalities and bring jobs back to the area,” FMERA’s […]
The Fort Monmouth Economic Revitalization Authority (FMERA) this month issued Requests for Proposals (RFPs) for the sublease of two properties on the Fort – Buildings 601 and 603. Both are one-story buildings in Oceanport that have been designated in the Fort Monmouth Reuse and Redevelopment Plan as Research and Development (R&D) facilities. Building 601 has […]