International design firm leases 7,000 square feet at 110 Edison Place in Newark
JLL has completed a new transaction for Ware Malcomb at Ironside Newark, 110 Edison Place in Newark, N.J., with building owner Edison Properties LLC. The international design firm leased 7,000 square feet of space at the Class A, 450,000-square-foot mixed-use office and retail building.
The tenant was represented by Timothy Greiner, executive managing director and head of agency leasing for JLL in New Jersey, and Peter Ladas, senior vice president, both with JLL. Building owner Edison Properties was represented by Greiner, and by Harrison Russell, associate director, with Newmark Knight Frank.
“Ware Malcomb sought to relocate its New Jersey office to a growth market,” said Ladas. “Newark offered the international design firm a terrific opportunity to recruit new talent and find new business opportunities in a thriving city.”
Ware Malcomb inked a 7-plus year lease for 7,000 square feet of space and will occupy a portion of the third floor at 110 Edison Place, which is located at the intersection of Edison Place and McCarter Highway/Route 21 in Newark. The international design firm is relocating to Ironside Newark from 90 Center Drive in Woodbridge, N.J.
“Partnering with Peter Ladas and Tim Greiner from JLL in our office selection process was instrumental in finding the right location for our team,” said Michael Bennett, principal, with Ware Malcomb. “They understood Ware Malcomb’s objectives from the beginning and ensured we found a place that represents our company culture and met business objectives.”
“We designed our Newark office with an emphasis on collaboration to create an inspiring space for our clients and team members alike,” said Marlyn Zucosky, director of interior architecture and design for Ware Malcomb’s New Jersey offices. “Being part of Ironside Newark provides our team members with a modern workplace and a state-of-the-art office and retail destination.”
Ironside Newark, 110 Edison Place, was transformed by Edison Properties from a historic warehouse into a state-of-the art office and retail destination. It offers more than 375,000 square feet of office space 74,967 square feet of retail space, along with a public two-story atrium and seating area, and a rooftop patio for tenants that overlooks Northern New Jersey and Manhattan.
“We’re excited to welcome Ware Malcomb to Ironside Newark and believe its addition to the building is a testament to the evolution of today’s office market,” said Lenny Lazzarion, Edison Properties’ senior vice president of leasing. “In today’s market, all prospective tenants are seeking a unique, dynamic environment for their workers. This agreement not only adds to Ironside’s already impressive list of tenants, but serves as further proof that loft-style modern product is appealing to top-notch creative firms and a wide range of industries.”
The property was constructed in 1907 to accommodate railroad freight storage, and was known as the Newark Warehouse Company Building. It was a six-story renaissance revival used by the Central Railroad of New Jersey and located on what was then known as Mechanic Street. Considered an operational marvel at the time, freight shipments were managed by a central telephone office in the warehouse, with train deliveries entering through the second floor to support the city’s elevated track network.
Ironside Newark is just steps away from mass transit hub Newark Penn Station, and in close proximity to Newark Liberty International Airport. It features an unmatched dark fiber optic network, with loft-style, open workspaces making collaboration and connection an everyday experience. Enjoy onsite and nearby dining and entertainment options, and direct access to the new Mulberry Commons Park, all amid a thriving urban landscape taking downtown to new heights.
JLL is a leader in the northern/central New Jersey commercial real estate market, with more than 1,000 professionals and support staff providing agency leasing and property marketing, tenant representation, industrial services, strategic consulting, occupancy planning, workplace strategies, project and development services, property and facility management, and investment sales/capital markets services to New Jersey's leading corporate tenants, investors and landlords. The firm, which assists clients from three full-service offices in Parsippany, Iselin (Metropark) and East Rutherford, also acts as a local service provider for JLL’s global and national corporate clients in need of real estate assistance in New Jersey. JLL’s New Jersey operations were honored by NJBiz magazine as one of its 2015 Best Places to Work in New Jersey.
About Ware Malcomb
Established in 1972, Ware Malcomb is an international design firm providing planning, architecture, interior design, branding, civil engineering and building measurement services to commercial real estate and corporate clients. With 24 office locations throughout the United States, Canada, Mexico and Panama, the firm specializes in the design of commercial office, corporate, industrial, science & technology, healthcare, retail, auto, public/educational facilities and renovation projects. Ware Malcomb is recognized as an Inc. 5000 fastest-growing private company and a Hot Firm and Best Firm to Work For by Zweig Group. The firm is also ranked among the top 15 architecture/engineering firms in Engineering News-Record’s Top 500 Design Firms and the top 30 interior design firms in Interior Design magazine’s Top 100 Giants. For more information, visit waremalcomb.com.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of nearly 92,000 as of June 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com
