JMF Properties is just weeks away from welcoming its first residents to the second piece of a new luxury apartment complex in Plainfield, the developer announced this week.
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JMF Properties has launched leasing at the second phase of a luxury apartment complex in Plainfield, bringing another 98 units to one of the city’s historic neighborhoods.
New Jersey shopping centers that once buzzed with a steady hum of activity have been quiet since late March, with most retail businesses shut down to contain the spread of COVID-19. Retail landlords are now scrambling to figure out how to deal with tenants who say they can’t pay rent because their revenue streams have stopped cold — even though property owners still have their own financial obligations.
JMF Properties, one of New Jersey’s leaders in residential and commercial redevelopment, has emerged from 2019 with a growing roster of brand-name retail and hospitality tenants.
Old Navy has joined the roster at a newly built shopping center in Parsippany, where it will occupy 12,500 square feet alongside tenants such as Whole Foods Market and Shake Shack.
JMF Properties has surpassed the 50 percent leased milestone at a 114-unit luxury apartment complex in Plainfield, the first of two phases in what it describes as an emerging transit village.
A joint venture has added a national fitness operator and a grocery chain to its tenant mix at a development in Bayonne, the largest of five newly announced retail leases at the site.
Developers have broken ground on the next phase of a mixed-use project in Bayonne, where they are planning more than 650 apartments and some 90,000 square feet of additional retail space.