The deciding factor in Panasonic’s move of its North American headquarters from Secaucus, New Jersey to Newark was public transportation, according to Jim Reilly, vice president of corporate communications.
The company relocated from a large corporate campus with lots of green space to an amenity-rich downtown location. Reilly said his company’s relocation has been “transformative” and has created a more collaborative company culture.
After years of locating in car-dependent, suburban office parks, large numbers of companies are now moving back downtown.
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