MATRIX DEVELOPMENT GROUP ANNOUNCES 60,000 SF OF LEASING ACTIVITY
AT ONE RIVERFRONT IN NEWARK
The Legal Center Continues to Attract and Retain New Jersey’s Leading Businesses
NEWARK, N.J. – Matrix Development Group, one of the Northeast’s most active and well-regarded real estate investment and development companies, has announced five new leases and expansions totaling 60,000 square feet at One Riverfront Center, an 18-story, Class A office and retail tower also known as the Legal Center. Despite challenging market conditions, Matrix continues to excel in all facets of their business, a reflection of their diverse platform and the exceptional quality of their assets.
Recent leasing activity at the Legal Center includes:
· A lease expansion for Podvey Meanor, a regional Northeast law firm.
· A new lease with Patton Boggs, an international law firm; Robert Eisenberg and Marc Weiss of Newmark Knight Frank represented Patton Boggs in the transaction.
· A new lease with Saul Ewing, a regional mid-Atlantic law firm.
· A new lease with Environ International, an international environmental consultancy firm; Robert Bull and Philiip Lipper of Studley represented Environ International in the transaction.
· And a new lease with Gannet Fleming, an international engineering consulting firm; Hope Brodsky and Rich Madison of Newmark Knight Frank represented Gannet Fleming.
“One Riverfront Center continues to be a premier business destination for tenants in Northern New Jersey as reflected by the current strong leasing activity at the Class A, mixed-use complex,” said Matrix Development Group Asset & Leasing Manager, Felicia Arias. “We are very pleased that the complex remains a catalyst for economic and business investment in the City of Newark. Our goal at the Legal Center is to ensure that this world-class office tower exceeds the expectations of our first-class client base, and this latest round of leasing activity helps to solidify One Riverfront Center as the finest office building in Newark and as one of the most desirable in the New York metropolitan region.”
One Riverfront Center is Newark’s most prestigious office building, located at the intersection of Raymond Boulevard and Route 21/McCarter Highway. The building is directly connected to Newark Penn Station and Gateway Complex, which includes a Hilton Hotel, by a pedestrian skyway and offers immediate access to NJPAC and NJ Transit trains and buses, Amtrak and PATH trains. Newark International Airport is just three miles from the building and is easily accessible by car, bus or light rail. The building’s location also provides ready access to New York City by car or public transportation.
Featuring first-class finishes and virtually column-free floors, One Riverfront Center is a 24/7 building providing the ultimate in corporate convenience. The building boasts a two-story lobby, underground parking garage and state-of-the art security system.
Matrix Development Group
Matrix Development Group is a privately held, full-service real estate investment and development company with offices in New Jersey and Pennsylvania. The Company is active in the commercial, industrial, urban, residential, golf and hospitality markets throughout the Northeast and mid-Atlantic regions. Since its founding in 1979, the Company has developed real estate valued in excess of $1 billion and has been recognized for its leadership by numerous charitable, community and real estate organizations.
For more information on Matrix Development Group, please contact the Company’s Cranbury, New Jersey office at 732-521-2900 or visit www.matrixcompanies.com.