Friday, April 10, 2015

Press Release: Standard Chartered Bank Expands

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C&K Properties announced that Standard Chartered Bank has signed a nearly 14,000-square-foot lease expansion at 2 Gateway Center, C&K’s Class A office building in the heart of downtown Newark. Standard Chartered Bank, a leading international banking and financial services group, now accounts for more than 72,000 square feet at 2 Gateway. “Since Standard Chartered moved into 2 Gateway, the company has continued to strengthen its presence here in New Jersey,” said Ben Korman, Co-Founder and Principal of C&K Properties. “This building provides a logical space to grow the company, offering seamless access both to Manhattan and to its New Jersey workforce, all supported by its best-in-class technological infrastructure.” Standard Chartered employs over 400 employees throughout Newark alone, having expanded their footprint in 2 Gateway as recently as 2011. The bank initially elected to expand its operations into Newark in 2008, citing the city’s status as a major transportation hub and accessibility to its growing New Jersey workforce. Headquartered in London, Standard Chartered provides services for consumer, corporate, and institutional banking in addition to treasury services. The company’s global network of bank spans over 70 countries, employing approximately 90,000 worldwide. Recently, 2 Gateway achieved WiredScore’s first Platinum certification in the state of New Jersey. A Platinum certification guarantees choices when selecting an Internet service provider, full distribution of fiber connectivity throughout the building, best in class infrastructure to ensure protection against service interruptions, and administrative best practices to streamline tenants’ ability to get connected. Part of Newark’s 2.6 million-square-foot Gateway Complex, 2 Gateway Center is centrally located in the city’s downtown business district along Market Street between McCarter Highway and Mulberry Street. Among its many benefits, 2 Gateway Center is connected to an enclosed pedestrian walkway leading to Newark Penn Station, where commuters can access NJ TRANSIT, PATH, Newark Subway, Light Rail, and AMTRAK lines. Tenants also have access to a wide array of on-site amenities, including a fitness center, banking facility, cafĂ© and conferencing center.

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