Listen to this articleThe basics:
- 3 Gateway in Newark posts 90,000 sq. ft. in recent leasing activity
- The Club @ 3 debuts with collaborative spaces, fitness center, and penthouse pickleball court
- Tenants include Sphere Technology, IWG, Tanenbaum Keale, HelloFresh and Walsh Pizzi O’Reilly Falanga
- $3M in upgrades and amenities aim to attract and retain top office tenants
Recent updates at 3 Gateway in Newark helped secure 90,000 square feet in leasing activity at the Class A trophy tower.
Cushman & Wakefield announced the deals at 100 Mulberry St. Nov. 17. A team featuring Vice Chair Curtis Foster, Managing Director Jerry Shifrin and Associate Matt Zaplin partnered with landlord Aaron Stauber, president of Secaucus-based Rugby Realty, to reposition the property.
Ownership enlisted Gensler to design an exclusive tenant space: The Club @ 3. According to a spokesperson for Cushman & Wakefield, approximately $3 million was invested in the improvements at 3 Gateway. Work began about six months ago.
The global commercial real estate services firm highlighted lease transactions at 3 Gateway in which it represented ownership:
Sphere Technology Solutions
Data security firm signed a 17,000-square-foot lease. Jamie Ragucci and Hope Brodsky of Newmark assisted the tenant
IWG
Global leader in hybrid working signed a 12,000-square-foot lease and recently completed a state-of-the-art coworking buildout
Tanenbaum Keale LLP
Law firm renewed its 27,000-square-foot lease, represented by CBRE Senior Vice President Jon Meisel and Vice President Joseph Sarno
HelloFresh
Meal delivery service platform renewed its 13,000-square-foot lease, with Newmark Managing Directors Harrison Russell and Matt Himmelsbach representing the tenant
Walsh Pizzi O’Reilly Falanga LLP
Law firm renewed its 17,000-square-foot lease, represented by Sitar Realty Co. CEO Bill Sitar
Crown ‘jewel’
The Club @ 3 is set to debut this month, according to CushWake. The new addition offers a mix of collaborative and functional space that can host company-wide meetings and events. Other features include the recently opened penthouse pickleball court and fitness center with locker rooms and showers. Located across from – and connected to – Newark Penn Station, the Mulberry Street tower also features dedicated on-site parking and 24/7 security.
3 Gateway is part of the larger Gateway Newark center. While connected to the whole, amenities there are exclusive to its residents. One of four towers, the remaining buildings have also received updates in recent years.
Managed and owned separately, Onyx Equities LLC has also attracted lessees since taking over and updating Gateway 1, 2 and 4. Newer tenants include WebMD and NJ Transit. Onyx also worked with Gensler on reimagining spaces. Opening the building up to the streetscape, The Junction and its “jewel box entrance” updated public areas within the complex, as well.
Altogether the urban campus boasts a total 2.3 million square feet of Class A office space.
Nearing completion on the capital improvements project, Foster described the recent transformation at 3 Gateway as “tremendous.”
“Aaron and his team have worked diligently to create an office environment that can accommodate the office tenant of the future, offering an extensive amenity package and high-quality office spaces that help companies attract and retain top talent,” he said.
Cushman & Wakefield also cited additional investments at Gateway Newark, such as upgraded infrastructure, exterior and facade enhancements, new retail options and an updated concourse with dining and service options.
“At Rugby Realty, we recognize that in today’s office market, tenants are seeking super-amenitized properties that empower them to attract and retain the best talent,” Stauber said. “Our team is laser-focused on delivering exactly that — dynamic, thoughtfully designed office environments across our portfolio that meet the evolving needs of modern companies and their people.”
