In the transaction, building owner the Gale Co. of Florham Park, NJ was represented in-house by Tim Greiner, associate vice president of leasing. Kirkpatrick & Lockart was represented by Tom Palestina of Palestina Properties, Bloomfield, NJ. No financial details of the transaction were released, although available space at One Newark Center has been listed by Gale at $34 per sf. Length of the term was also not disclosed.

"This lease transaction points to the desirability of One Newark Center, especially among law firms, given the proximity of the Newark Club and the Seton Hall Law School, both of which are situated within the building," according to Greiner.

Built in the early '90s, One Newark Center is a class A mixed-use building totaling some 635,000 sf of space on 22 floors. The asset, whose floorplates generally average slightly over 25,000 sf, currently has 50,000 sf available for immediate lease, according to Greiner.

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