For Immediate Release, contact:
Axiom Communications, Inc.
Matt Brown or Ron Simoncini
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12/22/2009

HARTZ ANNOUNCES 2009 BROKER OF THE YEAR AWARD RECIPIENTS

SECAUCUS, NJ - DECEMBER 14, 2009 - On November 24, 2009, Hartz Mountain Industries handed out their 2009 Broker of the Year Awards to 11 deserving individuals. In this challenging market, each broker represented some of the largest office deals in the state of New Jersey in 2009, as well as industrial.

"2009 has been an outstanding year for Hartz, as we have leased over 4 million square feet of space. This includes four office deals in excess of 100,000 square feet, totaling approximately 770,000 square feet. To reach this level of success, it was imperative that we had a strong team working on each deal," said Emanuel Stern, President and COO of Hartz Mountain Industries. "Deals of this magnitude are made possible with the help of dedicated brokers who know the market, know their clients and work diligently with us to make deals happen. I am proud to announce the following 2009 award recipients."

Office Award Recipients:
Graham "Chip" Conklin, Gregg K. Najarian, and Daniel M. Foley of Studley, Inc. won for their work representing Eisai Corporation of North America, a subsidiary of the Tokyo-based pharmaceutical company Eisai Co. Ltd. of Japan, which leased the 118,000 square foot office building at 155 Tice Boulevard in Woodcliff Lake. "The long-term lease of this facility opposite its North American headquarters, enables Eisai to fulfill its objective of creating a campus-like environment," said Daniel M. Foley, senior managing director of Studley. "There were a lot of moving parts in the negotiations and we applaud Hartz's ability to resolve the complexities of the transaction to everyone's satisfaction."

Thomas Consiglio of Resource Realty won for his work representing The Children's Place, as the company reestablished its headquarters in a 137,000 square foot lease at 500 Plaza Drive in Secaucus.
"In response to a radically different economy, The Children's Place decided to focus on the successful and steadily growing core business. Resource Realty orchestrated, in collaboration with Hartz, the relocation and consolidation of four office locations into a new 130,000+ square foot headquarters," said Mr. Consiglio. "As one of the largest commercial transactions in New Jersey of the year, this relocation is projected to save The Children's Place millions over the course of the lease. Even in these economic conditions, it's imperative that larger companies look towards long-term investment."

Dennis Gralla and John Brady of CresaPartners New Jersey, won for their work representing Savvis Communications Corp., a global leader in outsourced internet infrastructure services, as the company leased a 209,000 square foot data center at Lincoln Harbor.
Mr. Gralla noted, "New Jersey has become the region's data center hub, and these large data center deals have carried the market. Savvis is a marquee example of a global hosting company investing in the lucrative Lincoln Harbor location just outside Manhattan that allows it to provide financial services customers with premium colocation services including access to the world's leading financial exchanges."

Michael T. Cohen and Colton Brown of FirstService Williams, and David Pennetta of Oxford & Simpson Realty, Inc. won for their work representing Broadridge Financial Solutions, Inc., a Fortune1000 full-service outsourcing provider to the global financial industry, as the company leased the 320,282 square foot building at 2 Journal Square Plaza in Jersey City.
"This was a very challenging year to conclude any lease and without the patience, flexibility and experience that Hartz Mountain possessed, we would not have been able to have such a successful result," said David Pennetta. "Additionally, the tenant was sophisticated and confident enough to be able to move forward with this transaction despite weathering a daily barrage of negative information concerning the economy and commercial real estate market."

Industrial Award Recipients:
Lori Zuck and Marvin Rosenberg of FirstService Williams won for their work representing Breeze Eastern, a publicly-traded designer of lifting devices for military and civilian aircraft, in a 116,246 square foot lease that moved its corporate offices and manufacturing facility to 35 Melanie Lane in Whippany, NJ.
In response to both FirstService Williams brokerage teams receiving awards, Mark Jaccom, CEO, FirstService Williams noted, "We are extremely grateful for the recognition Hartz Mountain has given us. They are an excellent and valued business partner, and it is an honor to accept these awards. Let me also thank our brokerage teams, who in an extremely difficult year rose above today's economic challenges and transacted market-leading deals."

"In addition to this list of distinguished brokers, we have had the pleasure to work with many accomplished brokers throughout the past year. Each of them worked with great acumen on their respective deals, and have made substantial contributions to our success. We would like to extend our deepest gratitude to each of them," said Mr. Stern.

About Hartz Mountain Industries, Inc.

Headquartered in Secaucus, NJ, Hartz Mountain Industries, Inc. owns and manages one of the largest privately held commercial real estate portfolios in the United States, comprised of approximately 200 properties and totaling more than 38 million sq. ft. in the northern New Jersey/New York area. Hartz employs a comprehensive approach to real estate that is facilitated by its full-scale in-house departments for leasing, management, finance, acquisition, architecture, construction, development, planning, and marketing, design and property management. By controlling the development process end-to-end, the company strives to remain at the forefront of commercial, industrial, retail and hotel development. Hartz has been recognized by NJPA Real Estate Journal as the "Best Developer of 2004" and the Business News New Jersey (NJBIZ) as one of the best places to work in New Jersey for 2004 and 2005. In 2009, Hartz won New Jersey Business and Industry Association's (NJBIA) "Environmental Quality Award." Also in 2009, NJBIZ recognized President and Chief Operating Officer Emanuel Stern as the "Green Executive of the Year." Mr. Stern also won the 2009 Industry Service Award from the Meadowlands Regional Chamber of Commerce. For more information, visit Hartz's web site at www.hartzmountain.com