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Phillips Nizer Press Release

FOR IMMEDIATE RELEASE
December 14, 2009
Contact:

Robert L. Bachner
Counsel, Real Estate Department
(212) 841-0706
rbachner@phillipsnizer.com

Marc A. Landis
Partner & Chair, Real Estate Department
(212) 841-0705
mlandis@phillipsnizer.com

PHILLIPS NIZER LLP REPRESENTS COMMERCIAL LANDLORD IN LARGEST OFFICE
SQUARE FOOTAGE LEASE IN BERGEN COUNTY, NEW JERSEY IN 2009

New Tenant Signs Lease For Over 190,000 sq. ft.

New York, NY - The New York-headquartered law firm of Phillips Nizer LLP represented KABR Group in its lease to Samsung America Inc. of over 190,000 sq. ft. at 85 Challenger Road in Ridgefield Park, New Jersey.  The transaction is also the second largest commercial real estate deal in New Jersey this year.  The lease term, which commences in mid-2010, is 10 years with two five-year options to extend.  Robert L. Bachner, counsel in Phillips Nizer's Real Estate Department represented the landlord.  

About Robert Bachner
Robert "Bob" L. Bachner, a seasoned veteran of the New York tri-state real estate market, has been practicing since the late 1950s.  Mr. Bachner's transactional real estate practice is wide-ranging and has involved representations throughout the United States.  A member of the New York State Bar Association and the Association of the Bar of the City of New York ("City Bar"), Mr. Bachner is also a member of BNA's Tax Management Real Estate Advisory Board.

About Phillips Nizer LLP
Phillips Nizer LLP been engaged in a wide-ranging practice of domestic and international law for over 80 years.  Established by world-renowned trial attorney Louis Nizer, the firm consists of lawyers who are well-respected leaders in their fields.  The firm’s principal office is in New York City, with additional offices in Garden City, Long Island and Hackensack, New Jersey.  To learn more about Phillips Nizer LLP, please visit: www.phillipsnizer.com.

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