O wners , D evelopers & M anagers

M id A tlantic Real Estate Journal — Section C


The solar project will provide electricity savings and clean energy to the common areas Castle Lanterra Props. announces completion of solar power project at Harbor Pointe Residences

HI-LIGHTS March 18 - April 21, 2022 The 938 kWSolar PV system will generate 1,100,000 kWh of clean energy and mitigate emissions by 764,500 lbs. of AYONNE, NJ — CAS- TLE LANTERRA PROPERTIES (CLP) along with Pemco Capital and Davis Hill Develop- ment announced the comple- tion of a groundbreaking solar project at Harbor Point Resi- dencies in Bayonne. The solar project will provide electricity savings and clean energy to the common areas of the 544- unit multifamily property. B

CO2 annually. CLP will pur- chase the clean energy at a 30% discount for twenty years, providing them with tremen- dous savings over two decades of the rooftop solar’s lifespan. Notably, the Harbor Pointe PV system was installed on multiple areas of the property including its uniquely pitched rooftops, and the top deck of its multi-level parking lot. By us- ing as much of the property’s southern facing areas as pos- sible to capture and maximize solar gain, the solar PV system supplies Harbor Pointe with nearly 100% of the property’s common areas electricity load, making the campus a model for sustainable design and renewable energy utilization for the region. The solar PV system and its unique design and layout illustrates how flexible rooftop solar can be, across numerous architectural styles, and the ability to pro- vide renewable energy options to a wide variety of real estate projects and designs. MAREJ

JBG SMITH commences construction in National Landing

Bayonne solar project

Larken Associates breaks ground on four building, 150,000 s/f flex industrial park


FLEMINGTON, NJ — Larken Associates has begun construction at Flem- ington Junction Business Center, a four-bui lding, 150,000 s/f flex industrial park located at 115 River Rd. in Flemington. Occupancy is slated for the 4Q of 2022. The construction of Flemington Business Center is being managed by Larken Associ- ates’ in-house construction team, Core Enterprises . The design of each of Flem- ington Junction Business Cen- ter’s four buildings reflects Larken Associates’ decades of expertise in the development and management of highly adaptable flex/industrial prop - erties across New Jersey. Located on a 29-acre site less than a mile from Rte. 31, the park will accommodate the space needs of virtually any tenant from 1,250 s/f up to

NOMA surpasses 60% leased benchmark


Stuart B. Koch, CPA, Withum...........................2C Casey Murphy, CID, HF Planners .................. 3C Richard Manners, Garden State Sealing..... 4C Patten Mills, ROCK . ....... 8C Roey Dor, Obligo. .......... 9C

Flemington Junction Business Center gree site circulation design ensure a streamlined traffic flow and enhanced accessibil - ity to regional arteries such as Interstates 78 and 287 and local connectors like Rtes. 22 and 202. The property’s ample highway access paired with its location at the midpoint between New York City and Philadelphia will allow ten-

ants to service both markets efficiently. “In the last several years, Hunterdon County has not only emerged as a highly sought-after residential des- tination but a growing hub for the region’s small busi- ness community,” said David Gardner , CEO and president of Larken Associates. MAREJ

40,000 s/f. Each of the four buildings will feature 32’ clear ceiling heights, dedicated tail- boards and drive-ins, 50’ x 50’ column spacing, heavy power, LED warehouse lighting, and the convenience of separate utilities and entrances for each tenant. Additionally, the site’s 270 parking spaces and 360-de-


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