McCarter & English renews in New Jersey

Law firm to retain 43% of building's space

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Law firm McCarter & English LLP recently renewed its 143,000-square-foot lease at Four Gateway Center in Newark, N.J., for an undisclosed price. The renewal marks the first lease transaction at Four Gateway Center since Heritage Management Co. purchased the 327,000-square-foot, class A office tower last fall. Situated in the heart of Newark's downtown office district, the 15-story building is part of the landmark Gateway Center complex located adjacent to Newark Penn Station. The building was 92 percent leased to McCarter & English and Prudential Insurance at the time of the transaction. McCarter & English is a firm of more than 400 lawyers with additional offices in Boston, Hartford, Stamford, New York City, Philadelphia, Wilmington and Baltimore. ...