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Advance Realty Group honored with Building of the Year award.


Spanning roughly 500,000 s/f and nearing 100% occupancy, One Gateway Center has served as a hub for businesses in downtown Newark Downtown Newark is Newark, New Jersey's major central business and cultural district. It is located at a bend in the Passaic River. Interstate 280 was built just north of Downtown.

Downtown is the site of the original Puritan settlement of Newark.
 since it opened in 1971.

Since Advance Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Group acquired and renovated the building in 2002, the positive buzz over the facility has gotten even bigger.

One month after earning a Gold Designation honor from the NJ Smart Workplaces program, Advance Realty Group's One Gateway Center picked up more praise this month--winning The Office Building of the Year (TOBY) award from BOMA Boma (bō`mə), city (1984 pop. 197,617), Bas-Congo province, W Congo (Kinshasa), on the Congo River estuary. A port and railhead, it exports tropical timber, bananas, cacao, and palm products.  New Jersey.

Advance Realty Group, a leading Northeast U.S. owner and developer of Class A office properties, received first-place recognition at the BOMA Annual Awards Night at the Meadowlands Race Track in East Rutherford.

The first-place award for office buildings ranging from 500,000 to 1,000,000 square feet is based on all facets of the facility's operations, including floor and site plans, tenant-relations programs, community involvement, emergency preparedness pre·par·ed·ness  
n.
The state of being prepared, especially military readiness for combat.

Noun 1. preparedness - the state of having been made ready or prepared for use or action (especially military action); "putting them
, security standards and continuing education continuing education: see adult education.
continuing education
 or adult education

Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904).
 for building personnel.

"Providing a safe, secure and welcoming environment for our tenants is an utmost priority, and that commitment has proven boon to the success of One Gateway Center," said Greg Senkevitch, COO of Advance. "While the facility is strategically located to cater to mass-transit commuters, our mission to ensure a comfortable and a professional environment has obviously garnered equal importance."

Situated directly across from Newark Penn Station with Amtrak Amtrak, the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run  service to New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Washington, D.C., and Boston, One Gateway Center spans 466,919 square feet of office space, with 30,000 square feet of retail space within the Gateway Concourse. As of early, the facility reached 96 percent occupancy.

Advance Realty Group is an owner and developer of office, flex, industrial, retail and multifamily properties. With 5.5 million square feet of operating properties and a development portfolio consisting of eight million square feet of commercial projects and 9,400 residential units, Advance is one of the leading real estate owners in the Northeast and is headquartered in Bedminster, New Jersey.
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Comment:Advance Realty Group honored with Building of the Year award.
Publication:Real Estate Weekly
Date:Jul 18, 2007
Words:335
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