PHILADELPHIA, PA — OPEX CRE Management has teamed up with the owners of 80 Park Plaza in Newark, New Jersey, to manage the distinguished Class A office building. The move marks a major milestone for OPEX CRE Management as it expands its portfolio to include one of the city’s most prominent landmarks.
The 26-story building, spanning 975,000 square feet, is home to several notable tenants, including New Jersey’s electric provider PSEG and national publishing house Scholastic. Its iconic stature and the caliber of its occupants make 80 Park Plaza a jewel in the crown of Newark’s skyline.
OPEX CRE Management, known for its value-add property management, plans to leverage its industry expertise to optimize the property’s performance and enhance its overall value. The company’s strategic approach includes innovative management practices aimed at elevating the tenant experience and ensuring seamless and efficient operations.
“Becoming the custodian of 80 Park Plaza is a testament to the trust industry leaders place in our team and acknowledges our steadfast dedication to realizing a property’s full potential,” said Brenton Hutchinson, CEO of OPEX Management. He emphasized that the company’s customer-centric focus will be instrumental in setting new benchmarks in the commercial real estate management industry.
OPEX Management’s comprehensive suite of services encompasses property operations, financial management, and tenant relations. With its commitment to tailored solutions and a hands-on approach, the company has established itself as a leader in the commercial real estate management industry.
As it takes over the reins at 80 Park Plaza, OPEX Management is poised to bring a fresh perspective to the property’s management. This strategic partnership not only bolsters OPEX’s standing in the industry but also promises to usher in a new era of progress and prosperity for one of Newark’s most distinguished addresses.
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