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Colliers Named Leasing Agent for 550 Broad Street in Newark

| October 31, 2016 | 0 Comments

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NEWARK, N.J., Oct. 31, 2016 – Heritage Capital Group has named Colliers International Group Inc. (NASDAQ:CIGI, TSX:CIG) as exclusive leasing agent for 550 Broad Street in Newark. Bryn Cinque, James Bailey and Steve Graziano of the global real estate services firm’s Parsippany, N.J., office are heading the marketing team for the 270,000-square-foot office tower.

Recognized by its visible signage from I-280 and Route 21, 550 Broad Street has undergone major renovations in recent months, including a fully remodeled lobby with café, and a new fitness center. Tenants at 550 Broad Street also enjoy views of the Manhattan skyline and Newark’s Washington Park, 24/7 access with a staffed security desk, a full-service restaurant, storage facilities, dedicated parking, and onsite ownership and management. The Broad Street train station is within walking distance, and private shuttle service is also provided to and from Broad Street and Newark Penn stations with the Newark Light Rail stop located adjacent to the building.

“550 Broad Street has long benefited from its status as a landmark Newark office property,” Cinque said. “Businesses are drawn by the building’s accessible CBD location, and they choose to remain here based on its quality accommodations and responsive, hands-on ownership.”

The Colliers team currently is marketing availabilities from 2,500 to 65,000 square feet at 550 Broad Street, with building signage available. “This neighborhood is in the midst of a renaissance, with the new Prudential headquarters, stepped-up office leasing, and residential and high-end retail development underway,” Bailey noted. “Within that context, 550 Broad Street is well positioned to benefit from this growing momentum.”

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About Colliers International Group

Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn. To see the latest news on Colliers International in New York, follow @Colliers_NYC and Twitter.

 

For further information, please contact:

 

Evelyn Weiss Francisco, Vice President
Caryl Communications
Phone: 201-796-7788
Email: evelyn@caryl.com

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Category: Colliers International New Jersey, News Releases, Newswire: Latest News

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