FMERA Seeks Proposals for Sublease of Research & Technology Facilities in Oceanport
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 nearly 10,000 square feet of raised floor computer lab space and more than 5,000 square feet of warehouse space. Building 603 has approximately 3,600 square feet of office space and approximately 7,400 square feet of warehouse space.
“In line with the efforts we have taken throughout the year, FMERA remains steadfast in its commitment to bring high-tech entities to Fort Monmouth,” Executive Director Bruce Steadman said. “As such, consistent with the Land Use Rules, these RFPs state that all offers must include a plan to use these properties for scientific, engineering or information technology R&D purposes, such as medical technology, cloud computing or driverless technology.”
Steadman noted that, in order to be deemed responsive, a proposal must include the following information: rent, sublease term, use of the subleased property, and the number of R&D jobs expected to be located at the subleased property. It must also include a bid deposit of the greater of $5,000 or 10 percent of the first year’s rent.
Copies of the RFPs can be found at https://www.fortmonmouthnj.com.
Responses are due by noon on January 8, 2016.