Panasonic Corp. of North America has listed its iconic headquarters in Newark for sublease, tapping Newmark as the agent for the nearly 338,000-square-foot building.
A New York-based commercial mortgage lender was the main source of financing for a Kuwait-based firm’s recent $165 million acquisition of the Newark office tower that is home to Panasonic Corp. of North America.
SJP Properties and Matrix Development Group have sold Panasonic’s North American headquarters building in Newark to an overseas investor for a reported $165 million, the firms announced Wednesday.
