Orsted Selects Newark Office Location with Support from Edison Properties

Summary:

Orsted, the U.S. leader in offshore wind energy, today announced it has selected a location for its Newark office, building on its commitment to the state of New Jersey. Working with Edison Properties, a privately-owned real estate holding and development company, the company secured a lease for 8,200 square feet to occupy a portion of the second floor of Newark’s premier office building, Ironside Newark. Orsted’s offices are expected to open in the summer of 2022 and will house IT, operations and other project and company support staff for New Jersey offshore wind projects. (Source: Orsted media)

Additional Discussion:

Orsted's decision to put down roots at Ironside Newark exemplifies how Newark continues to grow as a dynamic hub for sustainability and technology companies at the forefront of their respective industries," said Newark Mayor Ras J. Baraka. "Ironside Newark and Edison Properties are helping to usher the city into a new chapter post-pandemic, providing a cutting-edge commercial and retail destination for forward-thinking tenants working to create a brighter future for the next generation."

Ironside Newark, located at 110 Edison Place, is a formerly circa-1907 warehouse in downtown Newark, New Jersey that has been redeveloped and restored by Edison Properties into a premier commercial and retail hub across more than 456,000 square feet. Situated directly adjacent to Newark Penn Station and within quick distance to Newark Liberty International Airport, Ironside Newark offers unparalleled access to public transportation. Designed by the renowned New York City-based design and architecture firm Perkins Eastman, Ironside Newark boasts direct access to the new Mulberry Commons Park, a city-owned park.