Real Estate

Prudential Insurance of America Renews Long-term Lease at 2 Gateway Center in Newark

C&K Properties announced today that Prudential Financial has extended its lease at 2 Gateway Center, a Class A office building in the heart of downtown Newark. The building will continue to house the global insurance and asset management firm on multiple floors under the terms of the ten-year lease.

“We’re excited to continue our relationship with Prudential, which has displayed such a staunch commitment to the City of Newark over the years,” said Ben Korman, Co-Founder and Principal of C&K Properties. “Two Gateway’s superior location and infrastructure will enable the company to seamlessly continue to provide outstanding service in the region for years to come.”

Prudential Financial Inc. is a major provider of insurance and wealth management for individuals and businesses around the globe. Through its subsidiaries, Prudential serves institutional and individual customers in over 40 countries worldwide.

Part of Newark’s 2.6 million-square-foot Gateway Complex, 2 Gateway Center is centrally located in the city’s downtown business district along Market Street between McCarter Highway and Mulberry Street. Among its many benefits, 2 Gateway Center is connected to an enclosed pedestrian walkway leading to Newark Penn Station, where commuters can access NJ TRANSIT, PATH, Newark Subway, Light Rail, and AMTRAK lines. Tenants also have access to a wide array of on-site amenities, including a fitness center, banking facility, café and conferencing center.

Recently, 2 Gateway achieved WiredScore’s first Platinum certification in the state of New Jersey. A Platinum certification guarantees choices when selecting an Internet service provider, full distribution of fiber connectivity throughout the building, best in class infrastructure to ensure protection against service interruptions, and administrative best practices to streamline tenants’ ability to get connected.

2 Gateway Center also provides an innovative Incentives Concierge Program and mobile app, through which brokerage professionals and companies can obtain free, customized analysis of the cost savings for prospective tenants under the New Jersey Economic Opportunity Act of 2013.

Related Articles: