550 Broad Street

  • Core Asset
  •   312,000 sq.ft
  •   Class A Office
  •   Newark, N.J.

Heritage purchased the 550 Broad Street tower in 2000 and completed a multi-million dollar renovation and repositioning there in 2001. In 2005, the firm aligned with a German investment group, selling 80 percent of its interest in 550 Broad Street to the and retaining 20 percent ownership. The company maintains its position as executive operating partner and on-site manager for the building. With its visible signage east from Route 21 and unobstructed view of the Manhattan skyline, 550 Broad Street today is recognized as a distinct symbol of Newark’s downtown commercial district renaissance.

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About Heritage

Founded over 75 years ago, Heritage is a private, family-owned real estate firm providing co-investors, clients and joint venture partners extraordinary opportunities to invest in, own and extract appreciable value and investment return on real estate assets.

Principals

  • Jeffrey Greenberg
    Principal
    Oversees all disciplines involved in the acquisition, financing and leasing of Heritage’s properties.
    jeff@heritagecapitalgroup.net
  • Steven Greenberg
    Principal
    Supervises every aspect of leasing, construction & property management for Heritage’s holdings.
    steve@heritagecapitalgroup.net