Investors who redeveloped and leased a historic Newark department-store site have secured more than $100 million in financing to revive another city landmark.

L+M Development Partners Inc. and Prudential Financial Inc. have closed on funding that will allow the venture to convert the old New Jersey Bell headquarters building at 540 Broad St. into a mixed-use tower with 263 market-rate and affordable apartments as well as office and retail space.

...