ironside newark flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 newark...

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Ironside Newark 110 Edison Place, Newark, New Jersey 79 Route 520, Suite 202 Englishtown, NJ 07726 www.piersonre.com Licensed Real Estate Broker Retail for Lease - Contact Jason Pierson Ph. 732-707-6900 x1 [email protected] Ryan Starkman Ph. 732-707-6900 x5 [email protected]

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Page 1: Ironside Newark Flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 NEWARK MARKET GROWTH 2007 - TODAY The Prudential Center has greatly impacted Newark’s economic

Ironside Newark110 Edison Place, Newark, New Jersey

79 Route 520, Suite 202 • Englishtown, NJ 07726 • www.piersonre.com • Licensed Real Estate Broker

Retail for Lease - ContactJason PiersonPh. 732-707-6900 [email protected]

Ryan StarkmanPh. 732-707-6900 [email protected]

Page 2: Ironside Newark Flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 NEWARK MARKET GROWTH 2007 - TODAY The Prudential Center has greatly impacted Newark’s economic

• 300,000+ living population within 3 miles ranking it the largestcity 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

.5 Mile

1 Mile

2 Mile

3 Mile

Population

172,998

56,230

10,195

315,902

Employee Population

165,922

98,922

49,782

208,693

Median Age

33.1

34.2

36.6

33.4

Total Daytime Population

268,916

129,366

54,707

399,238

Ironside Newark110 Edison Place, Newark, New Jersey

Demographics

Page 3: Ironside Newark Flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 NEWARK MARKET GROWTH 2007 - TODAY The Prudential Center has greatly impacted Newark’s economic

SITE

Newark

East OrangeKearny

PatersonSparta

Ramsey

Paramus

Wantage

First Floor AvailabilitiesFronting Edison Place• +/- 6,616 SF (divisible) • +/- 6,672 SF (divisible)

Ironside Newark110 Edison Place, Newark, New Jersey

Availabilities & Project Plans

Site Description

Fronting Mulberry Commons Park• +/- 18,254 SF (divisible) • +/- 22,871 SF (out for lease)

• 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 a unique urban environment

• Located directly adjacent to the Mulberry Commons park encompassing 3 acres of active green space

• 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

Page 4: Ironside Newark Flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 NEWARK MARKET GROWTH 2007 - TODAY The Prudential Center has greatly impacted Newark’s economic

UNIVERSITYHEIGHTS

SPRINGFIELD-BELMONT

SOUTHBROAD STREET

SOUTHIRONBOUND

NORTHIRONBOUND

CENTRALBUSINESSDISTRICT

MULBERRY COMMONS3 Acre State of the ArtPark & Public Space

IRONSIDENEWARK

NationalHeadquarters

SETON HALL UNIVERSITYSCHOOL OF LAW

NEWARK CITY HALL

GATEWAY CENTER2.6MM SF Office Park

BROA

D ST

REET

BROAD STREET

MULBERRY COMMONS3 Acre State of the ArtPark & Public Space

MARKET STREET

RAYMOND BOULEVARD

PRUDENTIALCENTER

IRONSIDENEWARK

21

21

Headquarters“Home of the Devils”

NEWARK PENNSTATION

NJ TRANSIT / AMTRAKTO & FROM NYC

BROA

D ST

REET

MUL

BERR

Y ST

REET

HALS

EY S

TREE

T

MARKET STREET

EDISON PLACE

ComingSoon

Ironside Newark110 Edison Place, Newark, New Jersey

Market Aerial

Page 5: Ironside Newark Flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 NEWARK MARKET GROWTH 2007 - TODAY The Prudential Center has greatly impacted Newark’s economic

SUBJECT SITE STACKING PLAN

OUT FOR LEASE - OFFICE(7,296 SF)

(39,709 SF)

OUT FOR LEASE - RETAIL/COMMERCIAL (22,871 SF)

OUT FOR LEASE - RETAIL(1,266 SF)

REMAINING RETAIL/COMMERCIAL (32,576)

REMAINING RETAIL/COMMERCIAL (18,254 SF)

Ironside Newark110 Edison Place, Newark, New Jersey

Mulberry Commons

Page 6: Ironside Newark Flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 NEWARK MARKET GROWTH 2007 - TODAY The Prudential Center has greatly impacted Newark’s economic

MULBERRY COMMONS PARK

EDISON PLACE

COLU

MBI

A ST

REET

MCCARTER HIGHW

AY

GROUND FLOOR

AVAILABLE+/- 4,451 SF

(can be combined)+/- 6,616 SF

AVAILABLE+/- 4,952 SF

OUT FOR LEASE+/- 19,288 SF

OUT FOR LEASE+/- 1,266 SF

AVAILABLE+/- 1,720 SFAVAILABLE

+/- 2,165 SF

(can be combined)+/- 6,672 SF

Ironside Newark110 Edison Place, Newark, New Jersey

Site Plan

Page 7: Ironside Newark Flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 NEWARK MARKET GROWTH 2007 - TODAY The Prudential Center has greatly impacted Newark’s economic

MULBERRY COMMONS PARK

EDISON PLACE

COLU

MBI

A ST

REET

MCCARTER HIGHW

AY

SECOND FLOOR

OVER

LOOK

ING

THE

LOBB

YOVERLOOKING THE LOBBY

AVAILABLE+/- 18,254 SF

(divisible)

OUT FOR LEASE+/- 22,871 SF

Ironside Newark110 Edison Place, Newark, New Jersey

Site Plan

Page 8: Ironside Newark Flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 NEWARK MARKET GROWTH 2007 - TODAY The Prudential Center has greatly impacted Newark’s economic

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

NEWARK MARKET GROWTH2007 - TODAY

The Prudential Centerhas greatly impacted

Newark’s economic growth, attracting over 1.8MM visitors to the approximately 18,000

seat venue for over 200 events annually.

(2 locations)

Newark Market Growth2007 - Present

Ironside Newark110 Edison Place, Newark, New Jersey

2019YTD

CONTINUEDGROWTH THIS YEAR

Page 9: Ironside Newark Flyer 7.2...2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 NEWARK MARKET GROWTH 2007 - TODAY The Prudential Center has greatly impacted Newark’s economic

© 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.

Ironside Newark110 Edison Place, Newark, New Jersey

Contact Information

Retail for Lease - ContactJason PiersonPh. 732-707-6900 [email protected]

Ryan StarkmanPh. 732-707-6900 [email protected]