RARITAN TWP, NJ-Ground has been broken for a new 65,400-sf office/flex building, the first of four that will constitute Macedo Business Park. The asset is expected to be ready for occupancy in the second quarter of next year. Approvals are in place for a second building of 50,000 sf, also slated to be under construction shortly.

Silbert Realty & Management of Watchung, NJ has the leasing assignment for the developer, a local partnership headed by Jack Macedo. According to Silbert president Brian Silbert, “approximately one-third of the 65,400-sf building has already been leased, with remaining units divisible to 2,500 sf.”

Not to be confused with Raritan Twp. in Monmouth County, or the Borough of Raritan in Somerset County, this Raritan Twp. is located just outside the Hunterdon County seat of Flemington in the western part of the state. The development site is adjacent to a new state DOT-approved Route 31 bypass.

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