JLL: 2 law firms sign leases for One Gateway in Newark.

Byline: Linda Lindner

JLL said Wednesday it closed two transactions, totaling 34,386 square feet, for two separate law firms at the Gateway complex in Newark.

Greenberg Dauber Epstein & Tucker PC leased 10,823 square feet and Landman Corsi Ballaine & Ford PC signed for 23,563 square feet at the Class A, 543,494-square-foot One Gateway at 7-45 Raymond Blvd.,owned by Onyx Equities LLC, Garrison Investment Group LP, Taconic Capital Advisors LP and Axonic Capital LLC, and co-investment partner Prudential Financial Inc.

The building owners were represented by Timothy Greiner, executive managing director and head of agency leasing for JLL in New Jersey; Blake Goodman, executive vice president; and Colleen Maguire, associate vice president. They worked closely with Onyx Equities co-founder and Managing Principa John Saraceno Jr.

"Gateway's reinvention provides not only a new front door for Newark adjacent to Penn Station, it establishes the finest concentration of prime office assets in New Jersey," said Adam Karafiol, senior vice president of leasing with Onyx Equities. "In collaboration with JLL, our initial leasing work has attracted not only the headquarters for the state's economic growth agencies, but it also has resonated with long-term Gateway tenants who have other choices within and outside of the city. We look forward to building on an excellent start."

Greenberg Dauber Epstein & Tucker signed a five-year lease extension for 10,823 square feet and will continue to occupy the sixth floor at One Gateway. Landman Corsi Ballaine & Ford inked a 10-year lease extension and expansion to 23,563 square feet, and will now occupy the 22nd and 23rd floors at One Gateway.

"The Gateway complex offers four buildings of premium office space in downtown Newark," said Goodman. "Greenberg Dauber and Landman Corsi recognized the value that Gateway brings to their employees and had the vision to commit to the building while Onyx Equities finalizes its...