10-26-18

2B — October 26 - November 8, 2018 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal

www.marejournal.com

O wners , D evelopers & M anagers

ERSEY CITY, NJ —M ill Creek Residential , a multifamily investor and operator Office serves as an additional development office for multifamily developer Mill Creek Residential opens new office in Jersey City J of operations to manage the ever-expanding pipeline for Mill Creek in the region.

The opening follows Mill Creek’s sustained growth throughout Northern New Jer- sey, Westchester County and on Long Island. Several communi- ties have been delivered to the market in recent years, includ- ing Modera Lofts, the adaptive reuse of a former warehouse located in Jersey City’s Pow- erhouse Arts District, Modera 44 and 55, both situated in downtownMorristown; Modera Parsippany, Modera Hudson Riverfront in downtown Yon- kers and two communities in Mineola on Long Island. “The addition of an office in Jersey City is a critical

centralized location for Mill Creek, allowing us to better manage our existing and future portfolio” said Russell Tepper, senior managing director at Mill Creek Residential. “Jersey City is a particularly strate- gic location for us, providing closer access to New York City, Long Island, and Westchester County, while still maintaining proximity to our communities and development sites on the Gold Coast and in suburban, northern New Jersey.” While still maintaining an office in Bedminster, NJ, the new Jersey City location will serve as a supplemental base

Owners, Developers &Managers Located in one of Middlesex County’s favorite hometowns, Woodmont Metro at Metuchen Station offers a transit-oriented living experience with access to a wide array of incredible amenities and attractive retail options. Dean’s Cafe offers an extensive selection of fresh brewed gourmet coffees, a juice bar and “grab n go” meals. Dean’s also expects to attract local artists and musicians to perform in the market. Add- ing to the dining options is the Olive Press Eatery, a unique café offering authentic Middle Eastern cuisine, personalized cooking lessons, cookbooks and other one-of-a-kind mer- chandise. Residents can take popular exercise classes at Hot Yoga Revolution, which chose Woodmont Metro as its official second location.  commitment to Jersey City, after the resounding success of Modera Lofts. Jersey City is a key locale for the company, at the center of dynamic workforce with professionals on both sides of the Hudson River. The new Jersey City location will be key for the expanding development team, poised to attract a wide talent base spanning New York and New Jersey’s Gold Coast.  Woodmont Metro Ap a r tme n t s a t Metuchen Station are fully occupied METUCHEN, NJ — The apartments at Woodmont Met- ro at Metuchen Station are now fully leased. In addition, the community’s European- style shopping plaza, The Shops at Woodmont Metro, has wel- comed three new shops to the ground-floor space; Dean’s Café, Olive Press Eatery and Hot Yoga Revolution.

Added Tepper, “As the num- ber of our communities con- tinues to grow, and we ex- pand into new municipalities throughout the region, it is important for us to grow our office footprint as well. With communities in Nassau and Westchester Counties, it made sense for us to identify office space further north and east, situating us closer to those properties and other potential development sites.” The recent addition is also further evidence of Mill Creek’s

specializing i n pr emi e r a p a r t me n t home commu- nities across the U.S. an- nounced the opening of a new office for

Russell Tepper

their NY/NJ operations in Jer- sey City. The office, located at 1 Evertrust Plaza, is in the heart of the downtown, a major busi- ness and commercial district in Jersey City.

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a section of the Mid Atlantic Real Estate Journal Phone: 781-871-5298 Fax: 781-871-5299 www.marejournal.com S ection P ublisher Steve Kelley skelley@marejournal.com S ection E ditor Karen Vachon kjoy@marejournal.com

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