Newark Mayor Ras Baraka and Tim Gokey, president and chief operating officer of Broadridge Financial, hosted local officials at the opening of Broadridge Financial’s new office for its Global Technology & Operations division this week.
Broadridge relocated its division from Jersey City and 1,100 associates to its new office at 14 floor at 2 Gateway Center.
“We are honored that Broadridge chose to relocate some of their facilities here and to bring a wealth of fintech knowledge and talent to our City,” Baraka said. “The economic revitalization of Newark is touching on every area – from the investments in Eds and Meds to the arts and even our new signature parks – and we will now welcome a leader in the financial tech industry. Broadridge’s move demonstrates that they appreciate and understand Newark’s renaissance and wish to be a part of this effort.”
Broadridge specializes in advance communications, technology, operations, data and analytics solutions. The firm has an estimated $8 billion of market capitalization.
“We are excited to be in Newark and support the city’s revitalization as a fintech hub,” Charlie Marchesani, Broadridge president of Global Technology and Innovations, said. “The city and its location allows us to attract and retain top talent to drive innovation and solutions for our clients, helping them get ahead of today’s challenges to be ready for the future. We look forward to being an active and supportive member of a great community.”
The new home for the Global Tech and Innovations division, C&K Properties’ 2 Gateway Center, is the first building in the state to achieve a Wire Platinum certification from WiredScore. 2 Gateway was also the first building in Newark to participate in the Newark Fiber program, which included fiber-optic internet service at a 10-gigabit connection. The property is connected to Newark Penn Station via a concourse and pedestrian walkway.
“Broadridge’s excitement, both to be a part of 2 Gateway and the broader Newark community, is palpable,” said Kevin Collins, managing director of C&K Properties. “As a building owner, it is our commitment to provide the hands-on management and cutting-edge technological infrastructure that Broadridge requires in order to grow and thrive here in Newark.”
CBRE’s Dudley Ryan is marketing up to 285,000 square feet of Class A office space on behalf of C&K Properties at the center.