SJP Properties and Aetna Realty are betting big on Newark — $1 billion big. The two companies are planning to invest up to $1 billion in the New Jersey city on a massive new development by its Broad Street transportation hub, according to Bloomberg. They envision the project as a 2 million-square-foot mixed-use complex with offices, homes, a hotel, stores and a large public plaza. SJP is optimistic that the development’s location will make it […]
source https://therealdeal.com/2018/04/30/two-developers-are-placing-a-1b-bet-on-newark/
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