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Three Renewals for 30,000-SF at 60 Park Place

NEWARK-Three renewals and expansions at 60 Park Place in New Jersey's largest city cement close to 30,000 sf in the building.

By Sean Ryan | Updated on May 25, 2005

Sean Ryan is associate editor of Real Estate New Jersey

NEWARK-Three companies have renewed and/or expanded office space at the 232,239-sf 60 Park Place here, also known at the Military Park Building. The space totals just under 30,000 sf.

The New Jersey Compensation Rating & Inspection Bureau, the building’s largest and oldest tenant, signed a five-year renewal and increased its space up to 26,308-sf. The firm added 1,310 sf. “We have been in this building for many years and have seen substantial improvements in the facilities and service,” says Fred Huber, associate director of NJCRIB. “That has influenced our decision to expand our offices and lease the last available contiguous space for potential future use.”

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