Ironside Newark at 110 Edison Place in Newark — Courtesy: Edison Properties
By Joshua Burd
A physical therapy practice is coming to Edison Properties’ Ironside Newark project, marking the latest retail tenant at the revitalized historic commercial building.
The operator, SportsMed Physical Therapy, is taking 2,124 square feet at the base of the office building at 110 Edison Place. Plans call for the facility to open next spring, as the practice joins a retail roster that includes Oren’s Daily Roast and Halal Guys.
“SportsMed Physical Therapy is a great addition to the growing retail offerings at Ironside Newark, and a testament to the building’s attractive location next to mass transit and the redevelopment of the downtown Newark business district,” said Lenny Lazzarino, senior vice president of leasing of Edison Properties. “SportsMed Physical Therapy has a great brand known throughout northern New Jersey, and we welcome them to the Edison Properties family.”
Jason Pierson and Ryan Starkman of Pierson Commercial represented Edison Properties. Tony Nabhan of Keller Williams City Views Realty represented SportsMed Physical Therapy, which boasts more than 15 locations in the Garden State.
At Ironside Newark, it will become part of a new tenant base at a building that dates back to around 1907. Edison has restored and redeveloped the former warehouse into a 456,000-square-foot office and retail building, seeking to capitalize on its location next to Newark Penn Station, the Prudential Center and other revitalized parts of the downtown.
“Ironside Newark is the perfect site for our first Newark location, a centrally located business hub in the city’s downtown neighborhood,” said Dr. Peter Ponzini, co-CEO of SportsMed Physical Therapy. “We’re delighted to partner with Edison Properties to bring world-class physical therapy and wellness services to greater Newark.”
Ironside Newark, which was designed by Perkins Eastman, is 76 percent occupied with major tenants including Mars Wrigley Confectionary’s North American headquarters. The office space is also home to architecture firm Ware Malcomb, law firms Pearlman & Miranda and Robinson Miller and Edison Properties’ new headquarters.
Amenities include future restaurant outdoor seating fronting the new Mulberry Commons Park, a two-story lobby atrium, rooftop terrace and high-speed internet via the city’s network of dark fiber. The complex also offers loft-style and open workspaces.
“Ironside has been a driving force in Newark’s ongoing evolution as a major hub of commerce, shopping and business,” said Aisha Glover, CEO and president of the nonprofit Newark Alliance. “I’m excited for SportsMed Physical Therapy to call Newark home and continue growing the downtown community offerings.”