Heller Industrial Parks, one of the nation’s largest privately held owners and developers of industrial real estate, has signed a sizeable extension and expansion deal with Agfa Corporation at 400 Heller Park Court in Dayton, N.J.
Agfa, a developer, producer and distributor of analog and digital imaging systems and IT solutions, will expand by 100,000 square feet, going from 175,000 to 275,000 square feet in the 419,000-square-foot building. “We are pleased that Agfa has taken such an impressive amount of space at Heller Park Court,” stated Jeff Milanaik, President, Heller Industrial Parks, Inc. “This transaction marks the continuation of a twenty year relationship between Agfa and Heller. Additionally, it shows the ongoing strength of the industrial market at Exit 8A of the New Jersey Turnpike and is an encouraging sign that the economy could be turning the corner.”
Real Estate Strategies Corporation advised Agfa on the lease deal.