As Newark’s office market grows, panelists see new strength in city’s long-held assets

Despite uncertainty about the broader office market, the local landscape in Newark is changing for the better, as corporations place a greater premium on culture, experiences and other assets that have long existed in the city alongside its connectivity and access to talent.

That was a key takeaway this week from a panel of owners and tenants at the Newark Summit, a daylong program that drew more than 1,000 attendees to Edison Properties’ Ironside Newark complex. The city is now a place where tenants want to be rather than need to be, they said, as they explored how to build on the momentum of several major deals in recent years.