Adoni Property Group has acquired a nearly 217,000-square-foot office complex in Somerset County, with plans to add amenities to help lure new tenants to the property.
Accurate’s pipeline is surging, with an aggressive (but long-term) approach to development
Accurate has been prolific in building and lining up new multifamily development projects across New Jersey, having completed some 1,000 residential units since 2021 alone. It now has construction underway, approvals in place or sites under control to build another roughly 6,400 apartments and townhomes, including some 4,000 in Newark, with more to come.
Experts say ‘stranded’ office, retail sites can thrive as new-look community hubs
Experts say the way to revive outdated, underutilized commercial properties in New Jersey is to make the sites an essential part of their communities. That can mean increasing the amount of public green space or adding mixed-use elements, among other options aimed at redeveloping so-called stranded assets.
