Woodmont Properties has broken ground on its latest multifamily project, with plans calling for 120 luxury apartments just west of Hackettstown in Warren County.
Woodmont Properties has sold more than 90,000 square feet of industrial flex space along Route 46, fetching just over $22 million for the two-building portfolio.
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.
