Cushman & Wakefield has arranged a long-term lease renewal for software company Avepoint at 525 Washington Boulevard, also known as Newport Tower. The tenant will continue occupying 15,467 s/f on part of the 14th floor of the property.
Cushman & Wakefield’s David DeMatteis, Robert Rudin, Mina Shehata and Dirk Hrobsky represented the landlord, BentallGreenOak, in the transaction.
“Avepoint’s renewal at Newport Tower is a great indicator of Jersey City companies committing to their workplace long-term,” said DeMatteis.
Situated on the Jersey City waterfront, Newport Tower recently underwent a multi-million dollar renovation that included a newly designed building entrance, lobby and tenant amenity center. The building’s amenities include a café, game room, co-working spaces, state-of-the-art meeting rooms, conference center and tenant lounge.