Harlan Hollander of Cushman & Wakefield's Rutherford office orchestrated the long-term lease for the tenant. Brendan Berger represented his company, which is the operating partner for the 200,000-square-foot, 15-story office tower.

“My client wanted to set its foundation and grow in Newark, which offers outstanding mass transit access and the quality of life a 24/7 urban hub offers for employees,” Hollander said.

The tower is located across from Newark's Washington Square Park. It is close to Newark Penn Station and Broad Street Station, downtown shops and hotels, and the city's various sports and entertainment venues. Also, the Newark campuses of Seton Hall and Rutgers universities, and the New Jersey Institute of Technology, are within walking distance.

“The location and value are right,” Hollander said. Health Republic Insurance is rapidly building its staff and needs to move in quickly, and Berger Organization was “highly responsive,” he added.

The building first opened in 1960; today, it offers modern technology, HVAC and security systems, high-speed fiber-optics and high-speed elevators. Berger is in the midst of further improvements, including additional parking, a conference room and a fitness center.