Real Estate Strategies Corporation Tops a Deal for Topcon
(January 27, 2009, Somerset, New Jersey): Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, the New Jersey based corporate real estate advisory and transaction services firm announced today that its long time client, Topcon America Corporation, sold its U.S. headquarters at 37 West Century Road, Paramus, New Jersey. The approximately 65,000 square foot one story building, situated on +/- 4.6 acres in the heart of northern New Jersey's Bergen County, was purchased by a local medical group that will convert the building into a surgical center and medical facilities.
"Topcon has been a very important client of ours for more than fifteen years. We've advised and represented the Company in numerous real estate acquisition and disposition projects around the country" said Andrew Zezas. He added "We're extremely pleased to have assisted Topcon in completing this important part of the Company's headquarters relocation!"
Topcon America Corporation, an ISO certified company, manufactures surveying, ophthalmic, GPS & industrial instruments. Topcon focuses on laser products, survey products, GPS products and equipment automation products. Topcon's Eye Care business unit manufactures a full line of innovative diagnostic equipment and software solutions for the refractive, retinal and surgical specialties. Topcon utilizes the latest cutting-edge technology to develop products that aid in the detection and treatment of a variety of eye diseases, including diabetic retinopathy, glaucoma, cataract, and macular degeneration.
Real Estate Strategies Corporation is a respected corporate advisory and transaction services firm that provides thought-leadership, decision-making, planning, project management and transaction execution services. Under the leadership of its award-winning CEO, Andrew B. Zezas, "RealStrat" advises financial and senior executives at management team-led public, private, and portfolio companies, and not-for-profit organizations. Its clients engage the firm when acquiring, disposing, renegotiating, or enhancing occupied leased or owned real estate in New Jersey, Pennsylvania, New York, Connecticut, and throughout North America. By creating and executing Business DRIVEN Real Estate Solutions and identifying hidden Opportunities, RealStrat drives greater operational and financial performance in support of its clients' stakeholder objectives, M&A requirements, and exit strategies.In the current economic environment, RealStrat’s efforts are focused on uncovering, capturing, and re-purposing hidden liquidity and minimizing risk in its clients' leased and owned real estate. The firm provides counsel as to competitive advantage strategies in preparation for the eventual economic recovery. By restructuring existing leases, disposing of surplus property, structuring sale / leaseback transactions, securing new and replacement financing, and acquiring leased or owned real estate, RealStrat reduces its clients’ occupancy costs and risk, and increases their operational flexibility and resiliency. Many of the firm's clients have realized multiple seven figure present value cash benefits through the creative planning and execution of these strategies. Visit www.RealStrat.com.
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