The Citi-Center Building at 1300 Atlantic Ave. in Atlantic City — Courtesy: Levin Commercial Real Estate
By Joshua Burd
A technology firm serving the air traffic control industry has signed a new long-term headquarters lease in Atlantic City, Levin Commercial Real Estate said Thursday.
The brokerage announced that it had arranged the 14,360-square-foot deal for Enroute Computer Solutions Inc., or ECS, at the Citi-Center Building at 1300 Atlantic Ave. Joshua Levin, broker of record and Lee Jerome, senior associate with Levin, worked on the deal.
ECS, which provides engineering, software and systems services, has been supporting the Federal Aviation Administration and its corporate partners at the William J. Hughes Technical Center and throughout the country since 1994, according to a news release. The firm’s new facility will be located on the eighth floor of Citi-Center and house new offices, plus a state-of-the-art computer lab and conference room by the end of the year.
Its decision to relocate to Atlantic City was supported by a $9.3 million Grow New Jersey tax credit approved by the Economic Development Authority in October.
“The end of our lease in (Egg Harbor Township) presented us with an opportunity to explore other options to accommodate our continued growth,” Anthony Curatolo, ECS founder and CEO, said in a prepared statement. “The Grow NJ Program helped make a move to Atlantic City practical. We are excited to see Trenton supporting the development of South Jersey and look forward to our part in the next chapter of Atlantic City.”
The tax credit calls up for to $931,500 annually over 10 years and includes conditions that the company meets certain criteria over time, including capital investments and employment numbers.
