Newark Educators Community Charter School Leases 50,000 SF Office Space On Broad St

The property asset involved in this transaction is 50,000 square feet of office space located at 570 Broad Street in Newark. This leased space is set to accommodate the Newark Educators Community Charter School for the 2023-24 school year.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 570 Broad Street, Newark
• Landlord: Berger Organization - Miles Berger
• Tenant: Newark Educators Community Charter School - Chalynda Maynard
• Broker Representatives: Ebony Parham & Jeannette Melillo - Newmark

This transaction was facilitated by brokers Ebony Parham and Jeannette Melillo from Newmark Associates, who completed the lease in under 90 days. The new facility is designed to include modern learning environments, such as dedicated spaces for a dance studio, music room, and science lab, which are essential for NECCS's educational programs.