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Class A Office Tower Riverfront Center consists of One Riverfront Center, a 20-story Class A office tower totaling 411,617 SF of rentable space, Two Riverfront Center, which is to be Panasonic’s new North American Headquarters, and an additional 5½ acres of land available for future development of several hundred residential units and in access of 2,000,000 SF of office space. With views of Manhattan, the Riverfront Center complex is located at the intersection of Raymond Boulevard and Route 21/McCarter Highway adjacent to Newark Penn Station and the Passaic. Riverfront Center is recognized as one of the premier development sites in the desirable North Jersey market. With direct access to Penn Station Newark, transportation options are endless. The site’s location provides immediate access to NJ Transit trains and buses, Amtrak and PATH trains, transport to Newark airport (just three miles from the site), as well as easy access to the New Jersey Turnpike, Garden State Parkway and Routes 1, 9, 440, 280 as well as 78 and 80. Additionally, future development opportunities will benefit from unmatched views to the Penn Station train line, the waterfront and of the New York skyline - second only to the Hudson waterfront. Newark also boast a strong labor force with more than 45,000 advanced degree students in the city daily. While marketing of this superiorly located 5 acre site, many of the obvious benefits of the site location such as visibility and accessibility are clear to the corporations. However, the ability for Matrix to secure state benefits that support a corporation’s decision to move forward on a build-to-suit in an economically favorable way is another new selling feature. Riverfront Center’s stature as the best available building site in New Jersey is catching on. With Panasonic’s commitment to Two Riverfront, only 5½acres of land remains available. Matrix continues to demonstrate its commitment to urban, mixed-use development with the investment of more than $150 million in New Jersey’s largest city. |
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