Congratulations to NAIOP NJ's 2025 Deal of the Year Finalists
Winners in each category will be announced and celebrated at the Commercial Real Estate Awards Gala at The Palace at Somerset Park on May 15th. Tickets available now.
Mixed Use Finalists:
Hoboken Connect, Hoboken, NJ. Hoboken Connect is a transformational redevelopment project located at Hoboken Terminal. The project includes a mix of private development (386-rental units currently under construction and an office development site), improvements to the City's right of way, and historic preservation/ redevelopment of NJ TRANSIT's Ferry Terminal Building, Warrington Plaza and Bus Terminal. Involved in the deal: NJ Transit, City of Hoboken & LCOR
Monmouth Square, Eatontown, NJ. Kushner is currently redeveloping the historic Monmouth Mall in Eatontown, NJ. The $500+ million project transforms the mall into an open-air town center with 1,030,437 SF of retail and restaurant space (including Whole Foods Market), 1,000 residential units (1,106,520 SF), an expansive public green, pedestrian pathways, and medical offices. Involved in the deal: Kushner, Rithm Capital Corp, GreenBarn Investment Group & Fortress Investment Group.
Vintage City, Elizabeth, NJ. Vintage City is a transformational mixed-use project that will serve as a new town center. The partnership between MAS and LeCesse Development, assisted by JLL Capital Markets, who secured
construction financing and equity to capitalize construction of a progressive community located adjacent to the train station, within an opportunity zone. Involved in the deal: MAS Development Group LLC, Leccesse Development, JLL, Baker Barrios Architects, Neglia Engineering, March Associates, Argentic, Pearlmark, Lakeland Bank, Northfield Bank, Citizens Bank, City of Elizabeth and Prestige Environmental and Javerbaum, Wurgaft, Hicks, Kahn, Wikstrom &
Sinins, PC
.