Newark Office Space Available at 570 Broad Street
570 Broad Street, Newark, New Jersey-Office Space Available
Companies looking to establish a headquarters and grow their businesses in Newark are finding that 570 Broad Street, Newark, New Jersey is a premier office location. The modern 200,000-square-foot, 15-story office tower has reached 85 percent occupancy with the addition of its’ latest commitments.
Recent Leases Signed at 570 Broad Street, Newark, NJ
- Programs for Parents, a not-for-profit organization, leased 22,000 square feet, relocating from another Newark office building.
- McElroy, Deutsch, Mulvaney & Carpenter, LLP, a full-service law practice, leased 19,000 square feet of office space in Newark.
- Health Republic Insurance of New Jersey, a non-profit Consumer Operated and Oriented Plan (CO-OP), leased 12,000 square feet.
Other tenants in the 570 Broad Street building include State Farm Insurance, Chase Manhattan Bank, Baldassare & Mara, Reliable Health Solutions, PC Tech and Lycatel. Office space from 2,500 square feet is currently available.
570 Broad Street Building Offers Modern Amenities
Originally constructed in 1960 by Helmsley-Spear, 570 Broad Street initially served as the New Jersey headquarters for IBM, and later as a regional office for First National State Bank. The Newark office tower offers affordable space in a building that has undergone a multi-million-dollar renovation. During the past few years, 570 Broad Street, LLC has modernized the building’s technology capabilities and installed new state-of-the-art high-speed elevators, HVAC and security systems, and high-speed fiber-optics. Additional building infrastructure improvements are underway. Ongoing plans call for a parking element with one space per 1,000 square feet, a conference room for use by tenants, and a fitness center for tenants and their employees.
Newark’s Location Advantages
Demand for Newark office space has been on the rise in recent years, making New Jersey’s largest city one of the strongest submarkets in the state. Driving corporate tenants is the area’s strategic location along the East Coast corridor and its transportation infrastructure, including key hubs Newark Liberty International Airport and Newark Penn Station.
Connections to Northern New Jersey and the rest of the New York City Metropolitan area allows for regional access that is unparalleled. Tenants at 570 Broad Street enjoy a central downtown location only 18 minutes from New York Penn Station, 22 minutes from Lower Manhattan, five minutes from seven regional interstate highways, and 60 minutes from Trenton, the state capital.
In addition, Newark businesses can cull employees from a highly skilled labor pool of more than 1.7 million residents in the Greater Newark Region. These factors and more are what makes 570 Broad one of the best places to do business in the city.
570 Broad Street, Newark, NJ – Office Space Available
Newark: A Thriving Urban Center
Newark has undergone a major revitalization and is attracting businesses and people from across the region. Today, the city is a bustling urban destination with new restaurants, loft apartments, and restaurants springing up and billions of dollars in commercial developments in the pipeline.
Located in the heart of Newark’s central business district, the 570 Broad office tower is surrounded by local entertainment venues such as Prudential Center, the New Jersey Performing Arts Center (NJPAC) and Newark Bears Stadium. The office building is also within walking distance of the Newark campuses of Seton Hall and Rutgers universities, and the New Jersey Institute of Technology.