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Completion:
July 1998
Location: Central
business district on George Street, at intersection of Liberty
Street and Livingston Avenue
Size: 135,000 sq.
ft.
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Occupancy:
University of Medicine & Dentistry of New Jersey Administrative
Headquarters(115,000 sq. ft.); street
level retail/restaurant tenants (20,000 sq. ft.) including Radio
Shack, GNC Nutritional Center, SoHo @ George, Pizza Colore, Objects
of Spirit, NorthStar Café
Developer: Devco and R.
Berman Development Company
Investment: $23 million
Financing: Self-issuing
Certificates of Participation underwritten by Lehman Brothers
Liberty Plaza highlights
Devco's greatest strengths: foresight and planning rooted in an
intricate understanding of New Brunswick and the greater economic
forces that drive its market potential. This successful mixed-use
facility further transforms the landscape of the downtown area while
drawing nearly 500 jobs and increasing the municipal tax ratables
of an entire city block by 300%.
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