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Jersey City pivots Pompidou site to affordable housing
Jersey City is scrapping the Pompidou Museum plan to develop affordable housing at ArtWalk Towers in Journal Square, addressing budget shortfalls and community needs.
STRO, KRE target fall delivery for 65K-sf Parsippany industrial
The partners plan to go vertical next month on the industrial project at 3 Century Drive, which will deliver modern Class A logistics space for potential tenants.
Prologis continues reign among New Jersey CRE developers
Prologis leads the market with 53.4 million square feet of industrial space. See who else ranks.
68-story Journal Squared high-rise secures $225M refinancing
Having helped usher in a neighborhood renaissance, JLL secured the loan on behalf of KRE Group and National Real Estate Advisors for the third and final tower in Jersey City.
KRE refinances Marlboro multifamily for $90M
Cushman & Wakefield arranged the funding for Beacon Hill, a fully leased 285-unit apartment complex in Monmouth County.
$25M sale clears way for 426 apartments near Paramus mall
JLL Capital Markets brokered the sale of the entitled parcel, where a joint venture between Russo Development and KRE Group will add a mixed-use development.
Prologis tops NJ real estate developer rankings for 2025
The California company with offices in East Rutherford led the latest assessment from NJBIZ Leads & Data Center with 53.4 million square feet owned or controlled in the state, underscoring the strength of the local industrial market.
KRE Group, Larken launch leasing for new garden-style communities
The rentals in Morris and Warren counties, respectively, tap into tenant desires for high-end finishes and plenty of amenity options in accessible areas.
Biocon Biologics establishes North American HQ in Bridgewater
Company leaders say the new headquarters will house both commercial and administrative functions for the organization, positioning it for future growth.
STRO lands $25M refinancing for Wayne industrial asset
The news follows the addition of a 48,000-square-foot small bay portfolio in Southeast Florida in partnership with Jersey City-based KRE Group.
Ewing’s former naval facility comes down as redevelopment gets underway
The project from KRE Group will add four new buildings: a single-story warehouse and three, 20,000-square-foot standalone, flex structures.
Bayonne’s luxury Bay 151 opens final phase of leasing
The collection of studio, one-, two- and three-bedroom units brings the community to full size, with 625 rental residences, 10,000 square feet of retail space and more than 65,000 square feet of social and recreational amenities.
