Advance Realty’s One Gateway Center in Newark Selected as ‘Outstanding Building of the Year’ By BOMA New Jersey
Advance Realty, a leading Northeast U.S. owner and developer of Class A office, mixed-use and flex-space properties, has announced that One Gateway Center, the company’s strategically located office tower in downtown Newark, N.J., has received “The Outstanding Building of the Year” (TOBY) honor from the Building Owners and Managers Association (BOMA) of New Jersey.
BOMA’s annual TOBY awards recognize quality in office buildings and excellence in building management. The recognition program is the commercial real estate industry’s most prestigious and comprehensive program of its kind. Buildings are judged on management practices for life safety, tenant services, green building initiatives and community involvement.
This is the second time that BOMA has honored One Gateway Center for the TOBY Award in the “500,000-1,000,000 Square Feet” category. Advance Realty was also presented the award in 2007.
“The management team at One Gateway Center has consistently shown a marked dedication to providing a world-class work environment at the building, which is reflected in its receipt of ‘The Outstanding Building of the Year’ honor for a second time,” stated Grubb & Ellis’ Lisa Kochan, president of BOMA of New Jersey.
Advance Realty will receive the honor during an awards dinner on Oct. 20 at Brookdale Country Club in Florham Park, N.J.
“We are proud and excited to accept this award, which recognizes the hard work that’s consistently put forth by One Gateway Center’s management team,” said Rick Zack, general manager of One Gateway Center. “This award joins a long list of accolades Advance has received for its dedication to top-quality management and tenant service at One Gateway Center.”
For the past two years, One Gateway Center has been selected by the State of New Jersey’s Department of Transportation to be part of the NJ Smart Workplaces winner’s circle. The designation recognizes companies that have demonstrated a commitment to reducing traffic congestion and improving air quality by promoting work-site based employee commuting options.
One Gateway Center is a 26-story, 466,919-square-foot office building, with an additional 30,000 square feet of retail space. The building boasts one of the most strategic locations in New Jersey in the heart of Newark’s business district, attached to Penn Station and at the crossroads of Interstates 78, 24, I-280, the NJ Turnpike and Highways 21, 1 and 9.
One Gateway Center was constructed to allow tenants and visitors to take advantage of Newark’s convenient public transportation modes, including being physically connected to Newark Penn Station, which houses NJ Transit, PATH and Amtrak. The building includes a pedestrian concourse that features retail shopping, services and dining options.
About Advance Realty
Headquartered in Bedminster, N.J., Advance Realty is an owner and developer of office, flex, industrial, retail and multifamily properties. With 4.5 million square feet of operating properties and a development portfolio consisting of 6 million square feet of commercial projects and 6,500 residential units, Advance is one of the leading real estate owners in the Northeast. For more information, call Advance Realty at (908) 719-3000 or visit www.advancerealtygroup.com.
