Ironside Newark 110 Edison Place, Newark, New Jersey
Total Page:16
File Type:pdf, Size:1020Kb
Ironside Newark 110 Edison Place, Newark, New Jersey Retail for Lease - Contact Jason Pierson Ryan Starkman Ph. 732-707-6900 x1 Ph. 732-707-6900 x5 [email protected] [email protected] 79 Route 520, Suite 202 • Englishtown, NJ 07726 • www.piersonre.com • Licensed Real Estate Broker Ironside Newark 110 Edison Place, Newark, New Jersey Demographics • 300,000+ living population within 3 miles ranking it the largest city in the state of New Jersey • 200,000+ daytime workforce/employee population • 4 major Universities totaling 60,000 students and faculty • 14.5 million square feet of class A office space within the immediate area • 48,600+ vehicles per day pass the site along McCarter Highway • 1 block from the Prudential Center aka “The Rock” - Approximately 18,000 seat arena - 200+ events per year - Over 2,000,000 visitors per year - Home to the NJ Devils, Seton Hall Basketball, concerts, boxing and other premier events Market Activators • Prudential Center in cooperation with Madison Square Garden • City Hall • NJ Transit • PSE&G • Essex County Courthouse • NJIT • Rutgers University • Gateway Center • Panasonic • Seton Hall Law • NJ PAC • Prudential Radius Population Employee Population Median Age Total Daytime Population .5 Mile 10,195 49,782 36.6 54,707 1 Mile 56,230 98,922 34.2 129,366 2 Mile 172,998 165,922 33.1 268,916 3 Mile 315,902 208,693 33.4 399,238 Ironside Newark 110 Edison Place, Newark, New Jersey Availabilities & Project Plans First Floor Availabilities Fronting Edison Place • +/- 6,616 SF (divisible) • +/- 6,672 SF (divisible) Fronting Mulberry Commons Park SITE • +/- 18,254 SF (divisible) • +/- 22,871 SF (out for lease) Site Description • 7-story 450,000 square foot transformative mixed-use project in the heart of downtown Newark that includes loft style office and street level retail resulting in Wantage a unique urban environment Ramsey Sparta Paramus Paterson • Located directly adjacent to the Mulberry Commons park encompassing 3 East Orange Kearny acres of active green space Newark • Retail will have tremendous frontage and access along all sides of the building, taking advantage of the bustling park space along with the highly trafficked McCarter Highway (Route 21) • Direct access to Newark Penn Station: • 20-minute train ride to New York Penn Station • 6-minute train ride to Newark Liberty International Airport • Adjacent to the eclectic Ironbound section of Newark with tremendous restaurants, bakeries, cafes, bars and clubs Ironside Newark 110 Edison Place, Newark, New Jersey Market Aerial BROAD STREET UNIVERSITY HEIGHTS CENTRAL BUSINESS DISTRICT IRONSIDE HALSEY STREET 21 NEWARK BROAD STREET SPRINGFIELD- BELMONT MULBERRY COMMONS SETON HALL UNIVERSITY 3 Acre State of the Art SCHOOL OF LAW Park & Public Space GATEWAY CENTER RAYMOND BOULEVARD2.6MM SF Office Park NORTH National IRONBOUND Headquarters BROAD STREET MARKET STREET Coming NEWARK PENN Soon EDISON PLACE STATION IRONSIDE NJ TRANSIT / AMTRAK TO & FROM NYC SOUTH MULBERRY STREET NEWARK BROAD STREET 21 MARKET STREET SOUTH IRONBOUND PRUDENTIAL CENTER “Home of the Devils” MULBERRY COMMONS Headquarters 3 Acre State of the Art Park & Public Space NEWARK CITY HALL Ironside Newark 110 Edison Place, Newark, New Jersey Mulberry Commons SUBJECT SITE STACKING PLAN OUT FOR LEASE - OFFICE (7,296 SF) (39,709 SF) OUT FOR LEASE - RETAIL/COMMERCIAL (22,871 SF) REMAINING RETAIL/COMMERCIAL (18,254 SF) REMAINING RETAIL/COMMERCIAL (32,576) OUT FOR LEASE - RETAIL (1,266 SF) Ironside Newark 110 Edison Place, Newark, New Jersey Site Plan GROUND FLOOR (can be combined) +/- 6,672 SF (can be combined) +/- 6,616 SF EDISON PLACE OUT FOR LEASE +/- 1,266 SF AVAILABLE +/- 4,952 SF MCCARTER HIGHWAY AVAILABLE +/- 4,451 SF AVAILABLE AVAILABLE +/- 1,720 SF COLUMBIA STREET +/- 2,165 SF OUT FOR LEASE +/- 19,288 SF MULBERRY COMMONS PARK Ironside Newark 110 Edison Place, Newark, New Jersey Site Plan SECOND FLOOR EDISON PLACE OVERLOOKING THE LOBBY OUT FOR LEASE +/- 22,871 SF OVERLOOKING THE LOBBY AVAILABLE MCCARTER HIGHWAY +/- 18,254 SF (divisible) COLUMBIA STREET MULBERRY COMMONS PARK Ironside Newark 110 Edison Place, Newark, New JerseyNEWARK MARKET GROWTH 2007 - TODAY CONTINUED Newark Market Growth GROWTH THIS YEAR 2007 - Present The Prudential Center has greatly impacted Newark’s economic growth, attracting over 1.8MM visitors to the approximately 18,000 seat venue for over 200 (2 locations) events annually. 2018 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 YTD Ironside Newark 110 Edison Place, Newark, New Jersey Contact Information Retail for Lease - Contact Jason Pierson Ryan Starkman Ph. 732-707-6900 x1 Ph. 732-707-6900 x5 [email protected] [email protected] © 2019 Pierson Commercial Real Estate, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any renderings, projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance or final design of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs..