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Newark unveils first speculative office space plans in 30 yrs

Published Wed, May 10, 2017 · 09:50 PM
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New York

PLANS were unveiled on Tuesday for the transformation of a Newark warehouse into a mixed-use project that would include the city's first speculative office space in at least 30 years.

Edison Properties, a Newark-based real estate developer, is making a US$75 million equity investment in the 42,400 square-metre project, said Daniel Ivers, a company spokesman. Plans call for two storeys of retail and restaurant space, and six floors of offices. The site borders Mulberry Commons park and …

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