Retail

“Building a stronger, fairer New Jersey economy requires taking an innovative approach to community revitalization that acknowledges economic prosperity and environmental sustainability are not competing goals but mutually reinforcing ideals,” says Governor Phil Murphy.

Developers should focus less on the benefit from the opportunity zone incentives and more on the overall return from investing in the property, says Jeff Monge, managing partner of Monge Capital.

Real Estate Forum is once again recognizing the most notable names in the retail real estate community so apply by March 26, 2019 to be considered.

Gettysburg Marketplace is the dominant retail shopping center in the area and is currently 90-percent occupied.

The immediate area surrounding Stringtown Road is expecting continued population growth over the next five years as job creation continues to expand.

Breweries are taking up industrial and retail space in the Inland Empire's Riverside market, growing 5% in 2018.

Some of the major developments underway at the project include the 85% sold Paramount Miami condominium tower, which is on-track for completion in May 2019.

The transaction was structured with a seven-year term, with 30 months of interest-only (during construction) followed by a 30-year amortization schedule.