NEWARK, NJ–The US General Services Administration has committed to a long-term lease of 10,258 square feet at 2 Gateway Center after a stringent site-selection process, GlobeSt.com has EXCLUSIVELY learned.
The brokers handling space at the four-tower Gateway complex across from Newark's Penn Station are using various creative means to attract tenants to the properties, seeing as Prudential will be vacating a total of 900,000 square feet this year.
C&K Properties owns 2 Gateway and its exclusive broker is Dudley Ryan of CBRE.
"The GSA's choice of 2 Gateway speaks volumes about the advantages that this building's location, infrastructure and amenities afford tenants," said Ben Korman, a principal of C&K, about the signing.
The GSA is an independent government body responsible for management and oversight of federal agencies. Its own guidelines impose firm standards for safety, security, and ADA compliance when selecting a building.
Ryan says the GSA decided on 2 Gateway based on its superior infrastructure and energy-efficient features. The tower is Energy Star-certified, with ADA-compliant entrances and lobbies, and on-site security staff.
The GSA was represented by Melissa Hein of Studley.
Currently, 2 Gateway Center is marketing space ranging from 3,000 to 360,000 square feet of ready-to-occupy Class A offices.
At the end of last year as New Jersey's real estate incentives programs were beefed up via passage of the Economic Opportunity Act, C&K announced an innovative program to help tenants capitalize on its benefits: An Incentives Concierge program for 2 Gateway provides companies and brokers with a free, customized analysis of the cost savings for prospective tenants under the EOA's new Grow NJ program.
2 Gateway Center is connected to Newark Penn by an enclosed pedestrian walkway. Commuters can access NJ TRANSIT, PATH, the Newark Subway, Light Rail, and AMTRAK lines at the station, which offers a 15-minute direct ride to New York City and a 10-minute ride to Newark Liberty International Airport.
Tenants of 2 Gateway Center also have access to a fitness center, banking facility, café and conference center.
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