|[April 11, 2014]
Dealertrack Technologies Announces Plans for New Corporate Headquarters on Long Island
LAKE SUCCESS, N.Y. --(Business Wire)--
Technologies (Nasdaq:TRAK) today announced plans to maintain its
corporate headquarters on Long Island and has signed a lease to move
into a newly constructed 233,000 square foot corporate office building
in the nearby Village of North Hills in early 2016.
The new environmentally-friendly, LEED-certified building planned for
3400 New Hyde Park Road is approximately one mile from Dealertrack's
current headquarters. Dealertrack expects to benefit from financial
incentives being provided by the State of New York and Nassau County.
"Dealertrack was founded here on Long Island, and we remain committed to
our local team members, our customers, Long Island and New York for
making our company what it is today," said Mark O'Neil, chairman and
chief executive officer, Dealertrack. "This new construction will allow
us to better accommodate future growth and will give our team members an
ideal work environment, while helping us attract new talent to the
iOptimize Realty® represented Dealertrack exclusively in an
in-depth site selection process, which included surveying more than 100
properties in five states. The new building was designed by The Spector
Group, and will be built by a partnership between Tritec Development and
Castagna Realty, represented by Ray Ruiz of Jones Lang LaSalle.
About Dealertrack Technologies (www.dealertrack.com)
Dealertrack Technologies' intuitive and high-value web-based software
solutions and services enhance efficiency and profitability for all
major segments of the automotive retail industry, including dealers,
lenders, OEMs, third-party retailers, agents and aftermarket providers.
In addition to the industry's largest online credit application network,
connecting more than 20,000 dealers with more than 1,400 lenders,
Dealertrack Technologies delivers the industry's most comprehensive
solution set for automotive retailers, including Dealer
Management System (DMS), Inventory,
and F&I, Digital
Marketing and Registration
and Titling solutions.
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