The new first residential offering at Fort Monmouth is off to a fast start, drawing buyers for nearly a third of its 68 townhomes less than three months after hitting the market.
Real estate and technology industry professionals turned out late last month for a tour of an 89,000-square-foot research complex on Fort Monmouth, where state officials hope to spur the creation of a new campus focused on innovation.
The state’s largest hospital system is set to expand at a Monmouth County office building, following a nearly 115,000-square-foot lease arranged by Newmark Knight Frank.
State officials have approved plans for RWJBarnabas Health to acquire a piece of the landmark Fort Monmouth property, where it will develop a large health campus in place of what is currently a defunct Cold War-era research complex.
Progress Capital Advisors has brokered $6.3 million in financing for a client to acquire a 2.2-acre parking lot near downtown Newark, the mortgaging brokerage firm said.
RPM Development Group has nearly completed its restoration of an officer housing complex at Fort Monmouth, preparing to deliver what will be the first residential project in the effort to reposition the historic military base.
Progress Capital Advisors has arranged $4.65 million in financing for a client’s 814,000-square-foot, mixed-use development about 35 miles outside New Jersey.
A tech firm based at the sprawling Fort Monmouth site is slated to grow its footprint after agreeing to purchase a former fire station on the property.
