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Thesis
NJ Waterfront transit hubs will experience unparalleled growth as more tenants and residents seek value, connectivity & space.
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Value
PropositionAccess to New York & professional hubs; discount to NYC; room to grow as millennials start families; tax benefits.
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Strategy
Dominate core sub-markets; take advantage of operational synergies.
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Execution
Concentrated investment along high barrier-to-entry markets.
Results*
Leading residential and office owner along New Jersey’s Waterfront.
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5,067 Residential Units (includes in-construction)
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5,957 Residential Land (Units)
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722 Operating Hotel Keys
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7 Office Buildings
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4,908,379 Office SF
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14% Residential Market Share Today
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31% Office Market Share
* Data as of 3/31/20
