Panepinto Properties announced that its latest residential development in Journal Square has officially topped out at 577 feet and 54 stories. The topping-out marks the completion of the tower’s vertical construction and signals the $388 million development’s transition into its final phase. The milestone was recognized on site by Panepinto principals, executives from AJD Construction, … Continue reading New Jersey Business | Panepinto Properties Tops Out 605-Unit Rental Tower in Jersey City
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ICSC | How to “De-Mall” a Mall
A decade ago, real estate developer Kushner Cos. began envisioning how it might redevelop the 1.6-million square foot Monmouth Mall, a 1960s-era shopping center in Eatontown, New Jersey, that it had owned since 2002. Like many of its enclosed brethren across the U.S., the property was losing relevance amid changing shopper tastes despite being surrounded … Continue reading ICSC | How to “De-Mall” a Mall
Asbury Park Press | See the new stores coming to Monmouth Mall as it transforms into Monmouth Square
Dan Radel | Asbury Park Press | EATONTOWN -- Kushner Cos. announced several new tenants for its property Monmouth Square, the name for the rebranded Monmouth Mall, which is currently under construction and undergoing major renovations to turn it into an open-air market with luxury apartments. Kushner signed Prince Street Pizza, Cava, Van Leeuwen Ice Cream, Offshore … Continue reading Asbury Park Press | See the new stores coming to Monmouth Mall as it transforms into Monmouth Square
Real Estate New Jersey | Malas Development unveils 256-unit Teaneck rental building amid early leasing momentum
By Joshua Burd Malas Development has taken the wraps off a 256-unit luxury apartment building in Teaneck, with plans for a second phase next door as it transforms what was a large industrial site. The firm welcomed Mayor Mark Schwartz and other local leaders last week to unveil the project at 329 Alfred Ave., which … Continue reading Real Estate New Jersey | Malas Development unveils 256-unit Teaneck rental building amid early leasing momentum
Real Deal | Silverman Group pours $102M into suburban light industrial
Silverman Group has doubled the size of its Chicagoland commercial property portfolio. The New Jersey-based real estate investment firm spent about $102 million on a 925,000-square-foot collection of low-slung buildings aimed at light industrial and office tenants in the northern and northwest suburbs of Chicago, public records show. The price was about $110 per square … Continue reading Real Deal | Silverman Group pours $102M into suburban light industrial
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