NEWARK, NJ—Advance Realty has signed the NewJersey's largest newspaper company, theStar-Ledger, to a lease for 9,076 square feet ofspace at One Gateway Center, a downtown officetower owned by the commercial real estate firm. (AdvanceRealty is not related to AdvancePublications, the Newhouse family vehiclethat owns the Star-Ledger.)
Advance Realty declined to tell GlobeSt.com thedollar value of the lease and would not disclose which departmentsof the Star-Ledger will locate in One GatewayCenter.
In July, as part of a massive downsizing, theStar-Ledger sold its 177,000-square-foot buildingin Newark to Madd Equities, a Floral Park, NY,real estate investment and development company. The buildingformerly housed the newspaper's editorial and business departments.Some operations were moved to Woodbridge and Secaucus, and manyemployees were transferred to a completely new company, NJAdvance Media.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
