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REAL ESTATE NJ: It’s official: Edison, Mars Wrigley ink lease for Ironside Newark

Edison Properties and Mars Wrigley Confectionery U.S. have completed a lease that will bring the candy company to downtown Newark.

Michael Sommer, executive vice president for development with Edison, said Tuesday that the two sides had signed the agreement for space inside the building known as Ironside Newark. Located at Edison Place and McCarter Highway, the property is a historic freight warehouse that the developer is restoring and converting to more than 450,000 square feet of office and retail space.

“It’s a great deal for Newark, a great deal for Edison and a great deal for the state of New Jersey,” Sommer said, later adding: “On behalf of Edison Properties, we’re thrilled and we look forward to welcoming them to Newark in 2020.”

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ROI: It’s official: Mars Wrigley signs lease, will move into Ironside Newark in 2020

In a move that has been expected since last November, Mars Wrigley Confectionery has signed a lease to become a major tenant at Ironside Newark, ROI-NJ has learned.

Michael Sommer, executive vice president for development for Edison Properties, which owns the building, confirmed the agreement.

“I can confirm that we have signed Mars Wrigley Confectionery at Ironside Newark,” Sommer said. “Edison Properties is obviously thrilled and we look forward to welcoming them in 2020.”

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ROI: True to Newark: Leasing agent of Ironside project hopes to bring flavor of city to its restaurant options

Jason Pierson knows retail leasing in urban areas up and down the state.

More importantly, he knows Newark.

So, when Pierson Commercial was named by owner Edison Properties earlier this month as the retail leasing broker for Ironside Newark — the soon-to-be completely refurbished warehouse that will anchor the city’s latest park, Mulberry Commons — he knew exactly the type of restaurant he hopes will anchor the 75,000 square feet of retail that will fill the bottom floors below the office space.

A restaurant from the Ironbound.

“We want to do something that showcases Newark,” Pierson said. “We’re not just looking for national brands. We also want great local operators. And we would love to have a restaurant from the Ironbound be a part of the project.

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NJ BIZ: United Way CRE event honors Hollister head coach, Ironside Newark

Hollister Head Coach Chris Johnson receives the inaugural United Way Spirit Award from United Way Senior Vice President of Resource Development Theresa Leamy.

Hollister Construction Services Head Coach Chris Johnson was raised against a backdrop of giving back, with volunteerism and a sense of community instilled in him at an early age.

By 13, Johnson was already volunteering at a food bank.

“In my mom’s home you had to give to live, so I was raised with serving food at a food bank and carrying instruments into the philharmonic,” Johnson said upon receiving the United Way of Northern New Jersey’s Spirit Award.

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