January 19, 2018
Ironbound Plaza is fully-occupied, less than a year after new owners began a full restoration and renovation of the limestone landmark at Two Ferry St., just across from Penn Station in downtown Newark, NJ.
“We recognized an excellent opportunity to reposition and repopulate a historically significant property with national tenants that truly will serve the surrounding community,” noted Richard Dunn of Paramount Assets, which bought the limestone-clad building vacant in early 2017 .
The triangle-shaped building started as a bank, and was later converted to medical offices. A 7-Eleven store will open in the “tip” of the triangle in the second-quarter of this year. A Blink Fitness will fill the rest of the space at Ironbound Plaza.
For comments, questions or concerns, please contact our New York commercial real estate editor Bendix Anderson
Get CRE News in 150 words Tags: Renovation, Retail
Submit a Press Release
Get Connect Daily
Connect Conferences