60 Park Place
A series of four recent leases at The Berger Organization’s Military Park Building, 60 Park Place in Newark, has brought the 250,000 s/f, 88-year-old historic landmark office property to full occupancy.
Berger’s in-house team, headed by vice president Brendan Berger, negotiated the latest transactions.
Newark Mentoring Movement, a newly established coalition of youth mentoring programs, leased 1,200 s/f at the Military Park Building.
The organization launched last July with the support of former New York Giants defensive end Michael Strahan and Newark Mayor Cory Booker.
Additionally, the African Methodist Episcopal Church (A.M.E.) Office of Ecumenical and Urban Affairs leased 1,000 s/f at the Military Park Building; AlDon Bryant of Hopkins Sampson & Brown Real Estate Advisory Services, LLC served as tenant broker.
The office represents the A.M.E Church in the World Council of Churches, the National Council of Churches and the Pan-Methodist Commission.
Other new tenants include real estate firm MB Properties, which committed to 600 s/f, and Sunsoft Services, an IT consulting and strategic outsourcing firm, which took 525 s/f.
“The Military Park Building’s full occupancy milestone speaks to the overall progress being felt in the City of Newark,” Berger noted.
“Tenant activity here and at our other Newark office properties, new corporate development, local hotel construction, and the continued evolution of Newark’s cultural and entertainment scene are creating a notable momentum.”
Tenants at the 21-story office tower enjoy on-site parking, a fitness center, conference facilities, and onsite ownership and management.
The Military Park Building offers views of the surrounding city, New York skyline and Military Park, where a multi-million-dollar renovation is set to launch this spring.
The property is proximate to Newark Liberty International Airport and major thoroughfares. It is within walking distance to the New Jersey Performing Arts Center and Penn Station, which provides 20-minute NJ Transit and PATH service to midtown and downtown Manhattan.
