Development firm RMS Cos. has sold a 153-unit luxury apartment building in Union Township, its first completed project in New Jersey, in a deal arranged by CBRE.
Development firm RMS Cos. has leased up a new 153-unit luxury apartment property in Union Township, as it looks to build on the success of its first project in New Jersey.
Every year has its ups and downs. Every market has highs and lows. Both were true when it came to New Jersey’s commercial real estate sector in 2021, a year that marked ongoing dominance for some asset classes, as COVID-19 continued to loom over others. Whether those trends endure in 2022 remains to be seen, but we’ve recruited some of the industry’s most prominent developers, service providers and insiders to help set the stage. You can find their predictions, insights and more in our special 2022 Market Forecast.
For developers from out of state, building in New Jersey can be a challenge. Yet there are builders that make it work — generally when there’s buy-in from government officials — and New Jersey remains a draw for many of them.
A developer has unveiled a collection of more than 150 apartments in Union Township, marking the completion of its first project in northern New Jersey.
A developer has broken ground on its first project in New Jersey, with plans to build 153 apartments at the site of a former salt factory in Union Township.
A developer is one step closer to breaking ground on its first New Jersey project, a 153-unit apartment complex in Union that recently won approval from the township’s planning board.