Torrance, CA – December 21, 2011 – (RealEstateRama) — Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed a 15-year, $9.7 million lease of the Expressway Corporate Center in Egg Harbor, New Jersey.
Brian Lynch, a principal of Lee New Jersey, along with Brad Fenion of CB Richard Ellis, represented the tenant Qualcare Alliance Netwoks, Inc. Jason Lynch, also from Lee New Jersey, represented the landlord, PNC Bank. The 30,492 square foot office lease is located at 100 Decadon Drive, Egg Harbor. Qualcare is expected to occupy the space in April of next year.
The Expressway Corporate Center, which consists of two office buildings, is 100 percent occupied, with Computer Science Corp., the other tenant.
QualCare Alliance Networks, Inc., the parent company of QualCare, Inc., the largest full service, provider-sponsored managed care organization owned and operated in the state of New Jersey. It is majority owned by 12 New Jersey hospital systems and physician organizations, and have more than 600,000 members currently enrolled in a full range of self-funded managed care products.
About Lee & Associates
Celebrating more than 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 45 locations across the nation including Arizona, California, Florida, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.