Developers are on track to remove nearly 9 million square feet of obsolete office space in New Jersey, as they repurpose the sites with in-demand uses such as industrial and apartments.
Woodmont Properties has taken the wraps off a new luxury apartment complex in West Windsor, having already rented nearly a third of its 443 units at the site.
A joint venture has acquired an office building and adjacent land in Franklin Township, with plans to redevelop the site as a two-building, 426,000-square-foot industrial campus.
Longtime development executive Stephen Santola has joined the State Planning Commission as a public member, following lawmakers’ recent approval of his nomination to the group.
An affiliate of Woodmont Properties has sold a newly built, fully leased industrial property in Woodbridge to a buyer that has also become one of its newest joint venture partners.
Two additional retail tenants are coming to a new mixed-use project that has transformed 35 acres in the South Jersey community of Washington Township.
A joint venture has secured a new retail tenant at a large mixed-use development in Gloucester County, inking a 5,400-square-foot lease with a regional retina specialist.
Woodmont Properties has launched leasing at a new 443-unit luxury apartment complex in West Windsor, where it plans to welcome its first residents this summer.