Matrix Development Group Completes 50,000-SF of Leasing Activity at One Riverfront Plaza in Newark

On Apr 7, 2016

Matrix Development Group today announced it has completed three lease transactions totaling more than 50,000 square feet at One Riverfront Plaza, a Class A office tower also known as the Legal Center in Newark N.J. The building is now 90 percent leased, with available spaces ranging in size from 1,000 to 14,000 square feet.

The leasing activity includes:

• LeClairRyan, an entrepreneurial law firm that provides business counsel and client representation for corporate law and high-stakes litigation, which renewed their lease at the building.
• Goldberg Segella, a New York-based litigation firm, which has opened a new office in Newark after a series of new hires.
• National Railroad Passenger Corporation (Amtrak), a passenger railroad service, which signed a new lease at the building.

“One Riverfront Plaza remains one of the region’s preeminent destinations for both top-tier legal firms and professional corporations that function on a national level,” said Felicia Arias, vice president at Matrix Development Group. “We’re pleased that we’ve not only attracted new leaders in the legal arena, but consistently retained the building’s existing businesses. We’re confident that the Legal Center will continue to be an anchor in Newark’s business district for decades to come.”

One Riverfront Plaza is centrally located in the city’s central business district at the intersection of Raymond Boulevard and Route 21/McCarter Highway. The building is directly connected to Newark Penn Station and Gateway Complex, which includes a Hilton Hotel, by a pedestrian skyway and offers immediate covered access to NJPAC and NJ Transit trains and buses, Amtrak and PATH trains. Newark International Airport is just three miles from the tower and is easily accessible by car, bus or light rail. The building’s location also provides ready access to New York City by car or public transportation.

Featuring finishes and virtually column-free floors, One Riverfront Plaza is a 24/7 building providing the ultimate in corporate convenience. The building boasts a two-story lobby, café, underground parking garage and state-of-the art security system.
Adjacent to the Riverfront Center complex, Matrix Development Group is marketing an additional five and a half acres of land available for development, which is suitable for several hundred residential units and 2,000,000 square feet of office space. The site represents a rare opportunity for mixed-use or build-to-suit development in the heart of the bustling business district of Newark with seamless access to the city’s broad transportation network.

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