12B — December 6 - 19, 2013 — New Jersey — Mid Atlantic Real Estate Journal
www.marejournal.com
N orthern N ew J ersey Reliable Health Solutions leases 10,000 s/f at 570 Broad in Newark Berger Organization completes custom fit-out of firm’s new Newark HQ
N
EWARK, NJ — Reli- able Health Solutions has leased 10,000 s/f
mestic health plan operations for our customers,” said Reli- able Health Solution’s Robert Sullivan, chief financial officer. “We chose Newark for its access to a talented workforce and proximity to many outstanding colleges and universities. The Bergers delivered a completely renovated, secure, state-of- the-art facility for our head- quarters. We are excited about being in both an industry and city that will see tremendous growth potential in the years ahead.” Brendan Berger ,VP of The Berger Organization, repre-
sented his company in negotiat- ing the long-term transaction. NAI Geis out of Philadelphia served as tenant broker. “Newark’s progress as a 24/7 urban hub continues to attract growing companies like Reli- able Health Solutions,” Berger said. “It is always gratifying when they choose to lease at one of our properties, taking advantage of an opportunity to gain a foothold – with custom- designed, affordable space – in the heart of a city that is again emerging as one of New Jersey’s best places to do business.” Located across from New-
ark’s Washington Square Park, 570 Broad offers easy access to Newark Penn Station and Broad Street Station; local dining, shopping and lodging; and entertainment venues like Prudential Center, the New Jersey Performing Arts Center and Newark Bears Stadium. The property also is within walking distance of the New- ark campuses of Seton Hall and Rutgers universities, and the New Jersey Institute of Technology. The Berger Organization maintains a controlling inter- est in 570 Broad Street, LLC, the partnership that owns 570 Broad. During the past few years, the ownership has updated the building’s technol- ogy capabilities, and installed new state-of-the-art high-speed elevators, HVAC and security systems, and high-speed fiber- optics. The Berger Organiza- tion is in the midst of additional building infrastructure im- provements. Ongoing plans call for a parking element with one space per 1,000 s/f, a conference room for use by tenants, and a fitness center for tenants and their employees. Other tenants at 570 Broad include State Farm Insurance, Chase Manhattan Bank, Bal- dassare & Mara, PC Tech and Lycatel. Full floors of 15,000 s/f, divisible to 2,500 s/f, remain available. n Doug Gaffney joins Lee & Associates New Jersey ELMWOOD PARK, NJ — Lee & Associates NJ an- nounced that Doug Gaffney
at 570 Broad in Newark. The Berger O r g a n i z a - tion, which manages and operates the 15-story tow- er, recently c o m p l e t e d
Brendan Berger
the fit-out of the firm’s new headquarters, located on the building’s 7th floor. “Our focus is on delivering fully compliant and secure do-
570 Broad in Newark
The Berger Organization
Military Park Building
570 Broad
Robert Treat Center
The Fireman’s Insurance Building
Providing Premier Office Space in Newark’s Finest Business Districts
has j o ined the firm as senior VP. G a f f n e y adds a sig- nificant boost to the office tenant rep- resentation team while
Newark is poised to experience unprecedented growth and renewal, as evidenced by amarked increase in tenant commitments and thewealth of new projectsplannedorunderwayinthisvital,vibrantcity.TheBergerOrganization continues to play a key role in supporting Newark’s progress and enhancing its position as New Jersey’s destination of choice for businesses, today and into the future.
Doug Gaffney
enhancing its strong presence in the New Jersey and New York marketplace. “Doug has been a top produc- ing broker in the New Jersey and New York metropolitan area for the past 25 years. His experience will give us an add- ed and important dimension to our existing service lines and growing clients’ needs,” said Richard Marchisio, president of Lee & Associates NJ. n
Berger Organization www.bergerorg.com
For more information contact: "RENDAN "ERGER AT s BRENDAN BERGERORGCOM
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