Northern New Jersey Portfolio

  • Madison, Morristown, & Summit, NJ
  • 225,000 SF
  • Partially Realized

The Northern New Jersey Portfolio consists of a recently constructed 26 unit multifamily apartment building in Madison, an 8 unit luxury for-sale townhouse project, a 15,000 sf boutique headquarters office building and a proposed 40 unit multifamily apartment development project in downtown Morristown, as well as a 90,000 sf main-street retail and office portfolio in downtown Summit. The portfolio was assembled over time and value created through proactive development, redevelopment and leasing activities, including the sale of the townhouse condo component for record-breaking sale prices, and the re-tenanting of vacant portions of the Summit retail portfolio to national retailers such as West Elm. The Madison and Summit components of the portfolio were acquired in partnership with MRY Associates.