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Follow on Google News | Berger Adds 765 Broad Street to Newark Office Portfolio30,000-Square-Foot, Full-Floor BTS Opportunities Available at CBD Property
By: Caryl Communications Distinguished by its white marble façade, 765 Broad was developed by Prudential. Its architecture matches the insurance giant's current world headquarters at the neighboring 751 Broad Street. The now multi-tenant property, anchored by Cablevision and home to a Wells Fargo regional office and bank branch, recently has been renovated with a beautifully appointed lobby, new elevators, updated common area and upgraded building systems. It offers 24/7 access and manned security. According to Miles Berger, The Berger Organization's chairman and chief executive officer, significant vacancy at the property made it an attractive, value-add investment opportunity. "765 Broad has sweeping, 30,000-square- Berger added that the property sits adjacent to 165 Halsey, the third-largest telecom carrier hotel in the Northeast. It also is within walking distance to Newark Penn Station, offering unparalleled convenience to Manhattan, as well as regional thoroughfares serving New Jersey, New York and the East Coast. For The Berger Organization, which maintains a one million-square- The Berger Organization's growing Newark portfolio also includes the landmark office buildings at 10, 50, and 60 Park Place (the Fireman's Insurance Building, Robert Treat Center, and Military Park Building, respectively) End
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