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FMERA Says It Has "Extensive" Interest In Three Fort Properties

OCEANPORT: Three large parcels located on the Oceanport and Eatontown side of the former Fort Monmouth will soon be made available to developers.

The Fort Monmouth Economic Revitalization Authority (FMERA) stated in its latest newsletter that it has received "extensive interest" in three properties; the Expo Theater, Commissary and McAfee Center.

The McAfee Center is located between Telegraph and Sherrill Avenues in Oceanport, previously served as an Army research & development (R&D) facility. The two-story building contains nearly 90,000 gross square feet, consisting of office space, raised-floor computer lab space, an anechoic (electro-magnetic frequency restrictive) chamber, and high-bay warehouse space.

FMERA tried leasing the building to a developer in 2016 but was unable to find any tenants.

A developer planning to build a driverless car testing facility had said they wished to occupy space at the McAfee Center in the past, but it is unclear if that is still the case.

The Commissary, located in Oceanport, was at one time going to be sold to Wayside Technology Group, Inc., but the deal ultimately never transpired.

The 53,700-square-foot building that once served as a grocery store for the Army and was envisioned as serving the same purpose in the Fort Monmouth Reuse Plan, but FMERA Executive Director Bruce Steadman has said the authority has not received any interest in the building as a grocery store because of its smaller size and the fact that it does not have frontage on a major thoroughfare.

The Expo Theater in Eatontown and has never been made available to developers. It is located along the Avenue of Memories and is famous for once being used as a practice area for Bruce Springsteen.

FMERA says that the development of these parcels "gives promise to expanding the presence of the arts, developing a technology or R&D park, and attracting businesses that will create jobs in a variety of sectors."

Read more from: Oceanport

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