Even though the company's move is across state lines, the distance isn't all that far. Empire Equity's headquarters is currently located in Chestnut Ridge, NY, which is less than five miles to the north of this Bergen County community.
The site search and subsequent sale transaction were accomplished for Empire Equity by Mark D. Siegler, senior vice president, and Marc A. Hirschinger, vice president, of Colliers Houston & Co., Teaneck, NJ. The seller of the building, which had previously been occupied by Volvo, was the Gale Co. of Florham Park, NJ.
"Empire had outgrown its headquarters and needed to find a newer, well-located facility," says Hirschinger. "We were retained late last year to launch a site search, and 25 Phillips Parkway was picked after a review of several office properties in northern Bergen County."
Empire will use one floor, or about half of the building, as its headquarters space. Siegler and Hirschinger have picked up the assignment to lease out the remaining 25,000 sf.
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