NAIOP NJ Recognizes Fox Rothschild’s Role in 2016 Office Deal of the Year: Relocation of Subaru HeadquartersJune 1, 2016 – Press Releases
Fox Rothschild LLP is pleased to announce that the relocation of Subaru of America Inc.’s national headquarters -- a deal handled by a team of Fox attorneys and CBRE professionals -- was selected by the New Jersey Chapter of NAIOP, the Commercial Real Estate Development Association, as its 2016 Office Deal of the Year award recipient.
Working closely with Stephen Gale, Subaru’s Director of Corporate Real Estate and Services, Fox represented Subaru in the deal, which will result in the relocation of Subaru’s North American headquarters to Camden, NJ. Ken Zirk and Jon Sarkisian from CBRE were the brokers representing Subaru in the transaction.
Subaru broke ground on construction of its 250,000-square-foot facility in December 2015 and plans to complete the project by the end of 2017. The Subaru of America campus, which will be the first new corporate headquarters in Knights Crossing, will relocate hundreds of jobs to the local community.
The Fox deal team, comprised of Peter J. Tucci, Craig L. Finger, Henry L. Kent-Smith, David Restaino, Daniel V. Madrid and Douglas P. Hibshman, was honored at the 29th Annual Commercial Real Estate Awards Gala on May 12, at The Palace at Somerset Park.