Listen to this articleThe New Jersey commercial real estate development market includes 25 firms ranked by square footage owned or controlled in 2024. Prologis continues to lead the market with 53.4 million square feet, focusing on industrial development. The company owns properties including 357 Wilson Ave. in Newark and 198 Democrat Road in East Greenwich.
Matrix Development Group ranks second with 30 million square feet, developing industrial, land, multifamily and office projects. Greek Real Estate Partners controls 22 million square feet through industrial development, including the Linden Logistics Center and Logan North Industrial Park.
Best of the rest
Bridge Industrial manages 20 million square feet of industrial properties, including BridgePort II Perth Amboy and I-78 Logistics Park II.
KRE Group controls 16 million square feet across industrial, multifamily and office development, including Journal Squared in Jersey City. Forsgate Industrial Partners owns 13.5 million square feet focused on industrial development. Levin Management Corp. controls 10.75 million square feet through industrial, land, office and retail/restaurant projects, including Blue Star Shopping Center in Watchung.
Lincoln Property Co. owns 10 million square feet of retail and other property types.
Woodmont Properties controls 9.6 million square feet across industrial, multifamily, office and retail/restaurant development. Crow Holdings Development manages 8.22 million square feet of industrial properties.
Garden Commercial controls 8.2 million square feet through industrial, land, multifamily, office and retail/restaurant development. Larken Associates owns 6.27 million square feet, developing industrial, multifamily, office, retail/restaurant and special purpose projects. Alfred Sanzari Enterprises controls 6 million square feet across hotel, industrial, multifamily, office and retail/restaurant development.
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Claude.ai assisted with the creation of this article based on NJBIZ data.
