Newmark on Monday said it has been appointed as the exclusive listing agent for Panasonic North America’s 337,543-square-foot North American headquarters at 2 Riverfront Plaza, Newark. The Class A office space, available for sublease through April 2031, offers a unique opportunity for prospective tenants seeking top-tier office space with immediate access to major transportation hubs and an array of modern amenities.
Newmark Executive Managing Director Jeff Schotz, Senior Managing Director Jeff Kolodkin and Associate Director Andrew Kirshenbaum, in collaboration with the firm’s Global Corporate Services group, successfully secured this sublease assignment.
Panasonic North America continues to occupy the entire 12-story building while the company plans its relocation to a smaller Class A space in the near future.
“The location of 2 Riverfront Plaza is unparalleled in its convenience and accessibility,” Schotz said. “Panasonic’s continued presence in Newark reinforces its long-standing support for the city, while this sublease opportunity offers prospective tenants a chance to move into a highly desirable and vibrant part of New Jersey.”
2 Riverfront Plaza is a state-of-the-art Class A office building featuring 28,380-square-foot floor plates, floor-to-ceiling windows that maximize natural light and panoramic views of the Passaic River and Manhattan. Notable amenities include a two-story glass atrium lobby, the Panasonic Innovation Center, a full-service cafeteria, a 125-seat training facility and a full-floor conference center. The building boasts LEED Platinum interiors and a LEED Gold Core & Shell, reflecting Panasonic’s commitment to sustainability. Additionally, ownership made a significant investment to improve air quality throughout the building and installed rooftop solar panels that generate approximately 46,000 kilowatts of energy for the building.
Tenants will benefit from covered access to Newark Penn Station, providing connectivity to NJ Transit, Amtrak, PATH trains and local bus services. The building is 22 minutes from Midtown Manhattan via NJ Transit, 15 minutes by car from Lower Manhattan and 4.5 miles from Newark Liberty International Airport, plus convenient access to major roadways such as New Jersey Turnpike, Garden State Parkway, and Routes 1, 9, 440 and 280.
