A redevelopment project handled by Riker Danzig’s Real Estate Group was honored with the United Way “Impact Award” at its annual Commercial Real Estate Network Legacy Luncheon on May 18, 2018. The project, Ironside Newark, is a restoration and conversion of a historic 107-year old warehouse into 456,000 square feet over five floors of loft-style offices. The ground floor will include retail and restaurant space at the corner of Edison Place and McCarter Highway in Newark. The Impact Award is extended annually to a commercial real estate project deemed to have the most positive impact on the surrounding region over the previous year. Nicholas Racioppi, head of Riker’s Real Estate Group, Cathy Giuliana and James Maggio led the team for client Edison Properties, which developed the property.
Another Riker Danzig project was a finalist in the United Way Awards. Our real estate team represented the Rockefeller Group in its development of Summit Medical Group’s MD Anderson Cancer Center at The Green, which provides a state-of-the-art outpatient center for cancer patients in North Jersey, with a 130,000 square foot facility.
This is the second year in a row that a Riker Danzig project earned United Way’s Impact Award. In 2017, our client Lincoln Equities Group developed 5 Giralda Farms for tenant Allergan Sales, earning the coveted award.
