NEWARK-Fruit importer Pacific Group Holdings has leased 5,000 square feet for its US headquarters at 60 Park Place, the Military Park Building in Newark. Pacific Group, best known for its Bonita Bananas brand, is relocating from Staten Island, NY to the 250,000-square-foot landmark office tower, which is owned by the Berger Organization.
“This activity is a positive sign for our property, the city and the economy in general,” says Miles Berger, chairman and CEO for the Berger Organization. “We are experiencing an upsurge in interest among tenants--some of which are relocating within Newark, with others coming in from elsewhere. With the expected near-term correction and our future return to economic viability, I firmly believe that Newark will thrive based on its location, excellent transportation infrastructure and affordability.”
The 21-story, 85-year-old historic property offers onsite tenant parking and easy access to Penn Station. Other new tenants at the building, now 88% occupied, include administrative offices for TEAM Charter Schools, the Neighborhood Assistance Corporation of America, the Against All Odds Foundation, Playworks and digital marketing agency Websignia. The building also features street-level retail.
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