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Follow on Google News | Lite DePalma Greenberg will Relocate to Berger’s 570 Broad in Newark, N.JBuilding Nears Full Occupancy with HQ Commitment, Smaller Pending Leases
By: The Berger Organization Lite DePalma Greenberg will relocate its headquarters to the 200,000-square- “Over the past few years, 570 Broad has attracted a roster of established and growing tenants looking for quality, affordable, accessible accommodations in downtown Newark,” noted Brendan Berger, vice president of The Berger Organization, who represented his company for the Lite DePalma Greenberg transaction. “This property offers the full package, coupled with responsive service from our in-house management team.” “We look forward to our move to The Berger Organization’ Originally constructed in 1960 by Helmsley-Spear, 570 Broad Street initially served as the New Jersey headquarters for IBM, and later as a regional office for First National State Bank. After subsequent ownership changes, the building sat vacant for several years before undergoing upgrades in 2004 and 2006 by a previous owner. 570 Broad Street, LLC has modernized the building's technology capabilities, and installed new state-of-the- Today, 570 Broad serves as home to State Farm Insurance, Chase Manhattan Bank, Baldassare & Mara; Health Republic Insurance of New Jersey; McElroy, Deutsch, Mulvaney & Carpenter, LLP; Reliable Health Solutions; Programs for Parents; PC Tech; and Lycatel. “Downtown Newark has re-emerged as one of New Jersey's best places to do business, and leasing momentum is accelerating throughout the city as companies tap into its progress and potential,” Berger said. Located across from Newark'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 Newark campuses of Seton Hall and Rutgers universities, and the New Jersey Institute of Technology. End
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