CVS Pharmacy has opened its doors at Russo Development’s new mixed-use property in Union, joining several other retailers serving hundreds of new apartments and Kean University.
Russo Development and Onyx Equities have closed on a 21-acre parcel in Woodbridge, clearing the way for a project that will add 376 apartments and new retail space to the township.
A development group has secured a nearly $49 million construction loan for a 271-unit luxury apartment building in Hackensack, under a newly announced transaction by JLL.
One of the state’s largest law firms has extended its nearly 120,000-square-foot lease at Newark’s Gateway complex, whose ownership is planning a sweeping upgrade and expansion.
With interest still strong at its new luxury rental complex in Union, Russo Development has launched a virtual leasing platform to help maintain that momentum.
Russo Development has delivered more than 500 apartments in Kearny since mid-2018, with hundreds more in its pipeline, seeing an opportunity in a town that is minutes from downtown Newark and the ability to capture renters who are priced out of neighboring submarkets.
Two of New Jersey’s best-known multigenerational development firms have broken ground on a long-awaited project in the heart of the Meadowlands, one that will bring more than 3 million square feet of high-end industrial space to a site that is five miles from the Lincoln Tunnel.
