Mount Laurel, NJ, [July 11, 2017] – Colliers International in Southern New Jersey has been selected as exclusive leasing agent for the first building of the Stockton Aviation Research and Tech Park (SARTP), owned and operated by the Atlantic County Improvement Authority. The Stockton Aviation Research and Technology Park (SARTP) is one of the newest, largest and most exciting developments in Atlantic County.
The official groundbreaking ceremony for the building – a three-story, 66,000-square-foot building occurred on May 15, 2017. Upon completion, the building will contain high-speed connectivity to the technical center laboratories, classrooms, conference rooms, and a rooftop lounge. An FAA laboratory and offices will occupy 7,000 SF with rental space for additional laboratories and offices. Tenants will have 24/7 access protected by a state-of-the-art security system.
“The Stockton Aviation Research and Technology Park is an exciting project. After a decade of planning, it arrives at a crucial time for Atlantic County. The park will be instrumental in developing an aviation industry and ensuring a healthy economic future,” according to Tony DiDio, who along with Evan Zweben and Joe Fetterman of Colliers’ Mount Laurel office, will market the property on behalf of the SARTP Board. “The park’s affiliation with FAA vendors and companies they attract will help create high-paying, quality jobs,” he added.
SARTP will be located on a 58-acre campus adjacent to the Federal Aviation Administration’s William J. Hughes Technical Center and the Atlantic City International Airport in Egg Harbor Township. It will provide a state-of-the-art, technologically integrated, dynamic environment that promotes modernization and innovation and provides leadership for the future of aviation.
This development brings many exciting opportunities:
- OPPORTUNITY FOR AVIATION AND AVIATION-RELATED COMPANIES TO WORK CLOSELY WITH THE FEDERAL AVIATION ADMINISTRATION (FAA), ACADEMIC INSTITUTIONS AND INDUSTRY PEERS ON THE COMMERCIALIZATION OF NEXTGEN TECHNOLOGY AND OTHER TECHNOLOGIES.
- The opportunity to participate in federally and/or privately funded research which facilitates technology commercialization exists at the Research Park as well.
- Access to FAA data, systems and labs
- State-of-the-art facilities
- Since it sits next to the Atlantic City International Airport, it presents a ready test bed for technology that will be developed by tenants.
The Colliers team of Evan Zweben, Tony DiDio and Joseph Fetterman will handle leasing for Stockton.
The Stockton Aviation Research and Technology Park (Stockton ARTP), a 501 (c) (3) non-profit auxiliary organization of Stockton University, is a collaboration of industry, academia, and government dedicated to the advancement of aviation sciences through private and public research and development.