Published: May 10, 2013 5:42 PM EDT
Updated: May 10, 2013 7:01 PM EDT

PARK RIDGE, NJ. -- Our gain of Hertz World Headquarters in Lee County will be the loss of Park Ridge, New Jersey.  WINK News' Genevieve Judge spent Friday afternoon chatting with people in Park Ridge about the fact that the company is packing up and heading out.

More than 700 people that work for the Hertz Headquarters will have the option to relocate to southwest Florida when the begin their move to Lee County later this year.  But also, the Fortune 500 company has called Park Ridge, New Jersey home for the last 35 years.  So what do locals think about the big move?

Tucked away just off the Garden City Parkway in Park Ridge, New Jersey.  It's home to more than 9,000 people and until earlier this week it was home to Hertz World Headquarters.

"We're very happy that we'll be in Florida and it's a place that we're being welcomed to open arms," said Rich Broome, Executive Vice President, Hertz Corporate Affairs.

The company announced it will be relocate to Lee County and set up shop in Estero near the Coconut Point Mall.  A gain for southwest Florida but a loss for New Jersey. Some people WINK News spoke with didn't know the company was even in New Jersey and others are worried about the change.

"Its going to be hard to have them go because now we're going to have to look for a different company to go to," said Michael Ekizian, resident.

"When there are no tax dollars here, that is going to make a major vacuum," said Gerard, resident.

The Lieutenant Governor of New Jersey told WINK News in a statement, ""The circumstances surrounding Hertz's decision are unique, involving their recent acquisition of Dollar Thrifty and don't reflect the company's view about doing business in New Jersey," Ernest Landante, Jr., Director of Communications, New Jersey Lieutenant Governor Kim Guadagno.

Employees are getting the chance to relocate but Hertz said if not everyone moves, they will look outside to fill positions.

"We see the growth rate in employment in the Lee County area as being the best in the state," said Broome.

Corporate executives will be some of the first to move to southwest Florida.  They'll begin their move later this year and when they get to southwest Florida they said they plan to hit the ground running.  They'll meet with city, county and political leaders to begin the process to get Hertz World Headquarters feeling at home in Lee County.