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Newmark retained for 1 Riverfront.

Matrix Development Group, owners of 1 Riverfront Center in Newark, N.J., have appointed Newmark Knight Frank exclusive leasing agent for the Class A office tower. Newmark Knight Frank Managing Director Frank D. Recine and Executive Managing Director Timothy R. Greiner will head the leasing term for the Class A office tower, which provides 411,617-square-feet of space.

1 Riverfront Center includes state-of-the-art facility improvements and upgrades. The HVAC Building Control System will allow tenants to monitor the performance of all mechanical ventilation systems (heating and air-conditiong), helping to designate how air and heat are distributed throughout the building. This not only creates added comfort for tenants, but also significantly educes operating costs.

Matrix Development Group is a privately held, full-service real estate investment and development company with office in New Jersey and Pennsylvania. The Company is active in the commercial, industrial, urban, residential, golf, and hospitality markets throughout the Northeast and MidAtlantic regions.

Since its founding in 1979, the Company has developed real estate valued in excess of $1 billion and has been recognized for its leadership by numerous charitable, community and real estate organizations.
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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Date:Aug 1, 2007
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