O wners , D evelopers & M anagers
M id A tlantic Real Estate Journal — Section C
Investment highlights the company’s commitment to sustainability Signature Acquisitions completes installation of +200,000 s/f of solar panels across office portfolio
CBRE announces sale of Canter Green in Union Township, NJ HI-LIGHTS Oct. 21 - Nov. 17, 2022 RANFORD, NJ — Signature Acquisi- tions , one of the re- gion’s most active and pres- tigious owner/managers of class A suburban office space, announces the completed installation of a 3.75 MW solar energy system covering 207,469 s/f of roof space across 16 buildings throughout its expansive portfolio of class A office buildings in New Jersey. Begun in 2021 under the management of Greenpower Developers, LLC , a pri- vately held, full-service com- C
New Jersey and New York, we recognize that we are in a tre- mendous position to continue to help the real estate industry become greener,” said Sandy Monaghan , SVP, Director of Leasing at Signature Acquisi- tions. “We are proud to have completed this ambitious initia- tive to make our buildings more sustainable while also prom- ising our tenants significant long-term cost savings.” MAREJ lar panels will prevent over 228 million pounds of CO2 from entering the atmosphere throughout their 35-year lifespans, the equivalent se- questration value of nearly six million trees, or the removal of 22,335 cars from the road. Beyond the environmen- tal savings, the panels will also generate a total of 4,536-megawatt-hours (MWh) within their first year of op - Signature Acquisitions announces the completed installation of a 3.75 MW solar energy system covering 207,469 s/f of roof space across 16 buildings throughout its expansive portfolio of class A office buildings in New Jersey. eration. For reference, one MWh is about equivalent to the amount of electricity used by 330 homes for one hour according to the EPA. Over the next 35 years, the solar panels will produce over 145,000 MWh, equivalent to the energy needed to power nearly 48 million homes for an hour. “As an owner of over five mil - lion s/f of office buildings across mercial solar energy company based in Wall Township, the significant investment high - lights the company’s com- mitment to sustainability as well as its focus on providing its tenants with substantial utility savings. The panels now cover all “solar suitable” roof area totaling 37% of the overall roof area on 16 of the company’s buildings. It is estimated that the so- Larken Associates celebrates ribbon cutting for Bordentown, NJ multifamily community
room with a package concierge. Further enhancing the amenity package are the community’s outdoor amenities that include a tot lot, a bark park and an outdoor heated pool and spa. “Ribbon cuttings are always a special occasion to us because it provides a rare opportunity to celebrate the consistent ef- fort of so many on our team and the close collaboration with our partners that made this community possible,” said David Gardner , president and CEO of Larken Associ - ates. “We would like to thank Bordentown Township and all of those who had a role in this development for their dedica- tion, cooperation and creativity in bringing our vision to life and we look forward to continuing to welcome residents to our brand-new community.” The Reserve at Crosswicks is the latest property to join the firm’s rapidly growing Larken Living portfolio. MAREJ
BORDENTOWN, NJ — Executives from Larken As- sociates , a regional leader in commercial and residential real estate building, develop- ment and management, were joined by Bordentown Twp. Mayor Steve Benowitz and township officials yesterday to celebrate the ribbon cutting for The Reserve at Crosswicks, a 272-unit luxury multifamily community located at 8000 Bowery Ln. in Bordentown. The latest addition to Larken Associates’ rapidly growing Larken Living portfolio, The Reserve at Crosswicks fea - tures three four-story elevator buildings consisting of one and two-bedroom apartments, four three-story garden apartment buildings comprised of one and two-bedrooms and a community club house. Designed to provide resi- dents with an unmatched luxury living experience, each residence features gourmet
Neil Andrew Stein, Esq., Kaplin | Stewart............4C Drew Romanic, AIA, The Martin Architectural Grp. .5C Lou Reynolds, Reynolds Asset Management. ................. 6C Michael Lee Villanueva, PE, ECS Mid-Atlantic . .......... 7C People on the Move ....12C
Members of the Larken Associates team, Bordentown Township Mayor Stephen Benowitz and Townships officials in front of the newly opened clubhouse at The Reserve at Crosswicks.
Beyond their homes, resi- dents at The Reserve at Cross- wicks can also enjoy access to a robust slate of indoor and outdoor amenities. The commu- nity’s clubhouse features Wi-Fi- enabled community worksta - tions, a game room, a lounge, a pet salon, a fully equipped fit - ness center and a secure mail-
kitchens, in-unit laundry, lux - ury vinyl plank flooring, quartz kitchen and bathroom counter - tops, and stainless-steel appli- ances. For additional storage and added convenience, the community also includes nine buildings around the perim- eter of the community with private garages.
Made with FlippingBook interactive PDF creator