NEWARK, NJ-When Rutgers Business School students arrived for fall semester classes, they were greeted by a new building and headquarters located at the 389,393-square-foot, Fidelco Group-owned One Washington Park here, just a few blocks north of the school’s previous location.

The presence of RBS at One Washington should assist in the ongoing redevelopment of the northern end of Newark’s Downtown/Arts District, and Broad Street station area, which has a number of vacant properties.

Fidelco, based in Millburn, purchased the near-empty space in 2004 and reoriented the front of the building to the north side to emphasize its close proximity to Broad Street station.

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