PHOTO: DEPOSIT PHOTOS
PHOTO: DEPOSIT PHOTOS
NJBIZ STAFF//March 18, 2026//
Prologis ranked first among commercial real estate developers in New Jersey, with 53.4 million square feet owned or controlled in the state, according to data compiled by NJBIZ. The East Rutherford office, established in 1983, focuses on industrial development. Senior executive Mike Sacro leads the operation.
Matrix Development Group ranked second with 30 million square feet. Founded in 1984 and based in Cranbury, the firm operates across industrial, land, multifamily and office development types. Projects include Matrix Logistics Park on Staten Island and Northeast Business Park at 7A. Greek Real Estate Partners ranked third with 22 million square feet, with projects including Linden Logistics Center and 2121 Wheatsheaf Lane.
Advance Realty Investors, founded in 1979 in Bedminster, ranked fourth with 20 million square feet across industrial, land, multifamily, retail and other development categories. Lincoln Property Co. ranked fifth at 15 million square feet, with projects including 777 Scudders Mill Road in Princeton.
The list features developers ranked by square footage owned or controlled in New Jersey. The majority of firms concentrate on industrial development. Prism Capital Partners ranked 12th with 4.15 million square feet. It spans the widest range of development types, including hotel, industrial, multifamily, office, retail and special purpose projects. Pott Real Estate LLC, founded in 2022, closed the top 25 with 75,000 square feet.
Provident Bank is the Premium Publication Sponsor of NJBIZ’s 2026 Book of Lists.
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Claude.ai assisted with the creation of this article based on NJBIZ data.