Onyx Equities LLC, which leads a group that recently acquired One, Two and Four Gateway, announced it will move its capital markets, asset management and construction divisions to One Gateway Center in July.

“Newark’s corporate anchors have been here for years now, drawn by ten-gigabit fiber infrastructure, unmatched young talent, venture capital, residential investment, unparalleled transportation options and downtown walkability for both residents and commuters,” said John Saraceno Jr., co-founder and managing principal for Onyx.

The joint venture purchased One, Two and Four Gateway Center in December 2018 and has begun redevelopment plans to reinvent critical interior and exterior complex features.

“Our common areas are the front door to Newark’s Downtown district and our renovation plans respond not only to the style of facility that compels today’s tenants but to the opportunity to welcome Penn Station arrivals who will enter Newark through our Concourse. A great working environment requires nearby lifestyle perks like great shopping and dining – and our opportunity and obligation to fulfill on the potential is here,” continued Saraceno. “We want to create a live-work balance that complements Newark’s energetic urban vibe and takes advantage of our proximity to mass transit.”