Advance Realty Offers Flexible Space Options at One Gateway Center in Downtown Newark, N.J.
By Mel Fabrikant Thursday, February 14, 2013, 11:00 AM EST
Responding to the increased demand for high-quality, flexible space options in an advantageous location, Advance Realty has announced a wide range of opportunities at One Gateway Center, its landmark office tower in downtown Newark, N.J.
Designed to accommodate the diverse needs of small to mid-size professional services firms, the opportunities offered by the leading real estate owner and developer include spaces ranging from 1,500 to +/- 18,000 square feet.
Among the units available at the strategically located, state-of-the-art office building are highly sought-after, fully furnished plug-and-play suites, designed for tenants that are move-in ready.
“Small and mid-size deals drove office leasing activity in 2012 and we anticipate that trend will continue this year,” Advance Realty Managing Director Brian Banaszynski said. “As a result, we’ve made sure that One Gateway Center is uniquely situated to offer a variety of leasing options to prospective tenants. We are able to tailor leases to accommodate tenants’ individual size requirements and lease terms.”
The 26-story, Class A office tower offers exceptional features such as a fully enclosed direct skywalk connection to Newark’s Penn Station, which serves Amtrak, NJ Transit and PATH trains, and offers direct access to Manhattan — both Downtown and Midtown — in less than 20 minutes. Located in the heart of Newark’s business district, One Gateway Center is also unique in that Advance is the only landlord in Gateway complex that offers secured, covered parking.
“One Gateway lives up to its name, as the property is a ‘gateway’ to the world with its unparalleled transportation access,” Banaszynski said. “Thanks to the building’s skywalk connection to Penn Station, tenants have the ability to get anywhere in the world without stepping outside.”
In 2012, One Gateway Center earned the BOMA 360 Performance Program® designation, which recognizes commercial properties that demonstrate best practices in building operations and management. Throughout the year, Advance completed 20 lease transactions at the property, including a number of long-term renewals:
• Law firm Meyner and Landis, LLP, renewed a 10,154-square-foot lease.
• Law firm Anderson, Kill & Olick, P.C., renewed a 5,683-square-foot lease.
• Virtual office provider HQ Regus renewed a 11,755-square-foot lease
• Law firm Greenberg Dauber Epstein & Tucker renewed a 10,500-square-foot lease.
“Several of the lease renewals that were completed last year were with tenants whose leases had not yet expired but, for various reasons, had a need to renegotiate mid-term,” Banaszynski said. “This is an example of how we’re in constant contact with our tenants in order to continually meet their needs.”
The available space is ideal for law firms seeking either pre-built suites or temporary space for trial preparation, document review or support services. One Gateway Center offers proximity to the courts and boasts 24/7 access, top amenities, easy access to mass transit and close proximity to other litigation support services.
There is an on-site 250-Room Hilton Hotel and Conference Center and the complex also features a 30,000-square-foot retail concourse that includes a pharmacy, banking, dining, NYSC fitness center, copy center and other upscale amenities. For a virtual tour of the building’s amenities, prospective tenants can visit www.viewthespace.com/spaces/1tapa.