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A true full-service real estate organization, North Jersey Development Group offers a range of capabilities tailored to the specific needs of their tenants, joint venture partners and institutional clients. |
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Joint venture partnerships have evolved as a key strategy in North Jersey Development Group's ongoing regional expansion. During the past several years, the firm has acquired and developed or repositioned a number of properties with private and institutional partners. Offering unparalleled local expertise and strong core capabilities, NJDG serves as a valued partner for organizations looking to identify and maximize prime investment opportunities in the region.
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25 Green Pond Road |
Rockaway, NJ |
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North Jersey Development Group purchased this vacant, 121,000-square-foot former industrial facility in a joint venture with an institutional firm. Built in the 1960s as a vinyl record pressing plant for RCA Corporation, the building served as a manufacturing facility for Levolor. NJDG leased 106,000 square feet to Party City Corporation and redeveloped the space into headquarters offices and a showroom for the company. The Little Learner Academy day care center leased the building's remaining 15,000 square feet. The campus also includes a restaurant and a lot approved for the development of a 107-room hotel.
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711-717 Ridgedale Avenue |
East Hanover, NJ |
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NJDG together with an institutional firm, acquired the two building project in December of 2005 to continue our pattern of repositioning underutilized high level facilities in prime locations. This property has become a prime location due to the recent construction of Exit 1 on I-280. NJDG sold the building in 2007 to Givaudan Fragrances Corp.
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350 Clark Drive |
Mt. Olive, NJ |
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NJDG, along with an institutional investor, acquired this 453,500 square foot Class A building in 2007. This building is conveniently located on over 40 acres in the NJ Foreign Trade Zone. NJDG managed the property until it was sold in 2016. |
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