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NEWARK-Business software firm ACBB-BITS LLC has signed up for 13,000 sf in 550 Broad St., in the Downtown section of New Jersey’s largest city. The company, a 2005 offshoot of Atlantic Central Bankers Bank, provides IP Telephony and converged network services to ACBB community banks.

ACBB-BITS is relocating from the second floor of One Gateway Center, which it had been at for a year.

“As we continue to grow our New Jersey location, we have selected the perfect environment for our young company,” says CEO Chuck Daniels. “550 Broad St. provides the flexibility, location and image that will foster our growth in the coming years.”

550 Broad St is jointly owned by Heritage Management (which has an office inside the building) and the Dr. Peters Group, a German investment entity. “We welcome them to the property and look forward to a long and positive relationship,” says Jeff Greenberg, executive operating partner of Heritage Management.

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