Real Estate Investment, Development And

Real Estate Investment, Development And

Overview
Real estate investment, development and management company led by Murray Kushner and Jonathan Kushner
Founded in 1979 by Murray Kushner and Eugene Schenkman
30+ years of real estate investment, development and property management experience
75+ employees with in-house capabilities in acquisitions, development, financing, leasing,
property management, construction, zoning and legal
Successful track record in both development and acquisitions
Broad expertise in multifamily, office, industrial and retail real estate
1
Extensive
Real Estate Portfolio
KRE Group’s current real estate portfolio includes:
9,700+ apartment units (including units currently under development)
2,200,000+ square feet of office property
2,200,000+ square feet of industrial property
2
High Quality
Assets & Tenant Base
KRE Group’s high quality properties, reputation for exceptional property management and unparalleled
tenant service attract a discerning corporate tenant base
3
Expert Development &
Construction Capabilities
Extensive ground-up development experience. KRE has successfully developed:
4,500+ residential units
5,000,000+ square feet of commercial property
Comprehensive development capabilities:
Asset Class
Residential
High-Rise and Garden Style Rental Apartments
High-Rise and Mid-Rise Condominiums
Single-Family Homes and Townhomes
Office
Industrial
Retail
Mixed-use and multi-phase projects
Development Process
Site Selection
Site Due Diligence and Acquisition
Regulatory Planning: Zoning, Variances, Approvals, Permits
Site Planning, Architectural and Engineering Design
Acquisition and Construction Financing
General Contracting and Material Procurement
Construction Management
Pricing, Marketing and Lease-up
Property Management through Completion/Stabilization and thereafter
In-house expertise often outsourced by other developers. KRE’s in-house team includes:
Entitlement, regulatory and planning attorneys and project consultants
Engineering and land use professionals
General and sub-contracting teams
Construction managers and owner’s representatives
Property management and leasing teams
KRE utilizes ground-up development capabilities for successful execution of acquisitions, development and property
management:
Property condition due diligence
Renovations and capital improvements
Tenant improvements
4
Integrated
Real Estate Expertise
5
Property Profiles
Grove Pointe
Jersey City, New Jersey
Asset Type:
Multifamily/Mixed-Use
Property
Description:
Ground-up development of 29 story residential tower with
458 rental units, 67 condominium units, ground level retail
and 6-level parking deck
Size:
525 Units
600,000 SF
6
Property Profiles
Hidden Bay
Aventura, Florida
Asset Type:
Multifamily
Property
Description:
Ground-up development of 371 condominium units
Size:
371 Units
7
Property Profiles
Parkland View
Upper Macungie, Pennsylvania
Asset Type:
Multifamily
Property
Description:
Ground-up development of 378 garden apartment rental
units
Size:
378 Units
413,000 SF
8
Property Profiles
111 Worth Street
New York City, New York
Asset Type:
Multifamily/Mixed-Use
Property
Description:
Ground-up development of 19 story building with 367,187
gross square feet, 17,000 square feet of retail and 238 car
garage
Size:
331 apartments
9
Property Profiles
Bedminster One
Bedminster, New Jersey
Asset Type:
Office
Property
Description:
135 Route 202/206, Bedminster, NJ
Acquisition, repositioning and lease-up of Class A suburban
office property
Size:
161,632 SF plus 1 acre pad occupied by Bank of America
branch
10
Property Profiles
Hamilton House & Jefferson House
Chatham, New Jersey
Asset Type:
Multifamily
Property
Description:
Acquisition and renovation of 100 unit garden apartment
property
Size:
100 Units
11
Property Profiles
225 Grand Street
Jersey City, New Jersey
Asset Type:
Multifamily
Property
Description:
Ground-up development of 15 story residential tower with
348 rental units, 350 space parking deck and ground level
retail
Size:
348 units
12
Property Profiles
Liberty Harbor North Phase II
Jersey City, New Jersey
Asset Type:
Multifamily/Mixed-Use
Property
Description:
Ground-up development of 501 unit residential property
with 306 car garage and 30,000 SF of retail
Size:
501 Units
600,000 SF
13
Property Profiles
Journal Square
Jersey City, New Jersey
Asset Type:
Multifamily/Mixed-Use
Property
Description:
Land assemblage of 5 parcels for ground-up development
of three 50+/- story, mixed-use residential towers projected
to include more than 1,000 residential rental units and more
than 130,000 square feet of prime retail space
Size:
2,200,000 SF
14
Property Profiles
1370 Avenue of the Americas
New York City, New York
Asset Type:
Office
Property
Description:
370,000 SF Midtown, NYC office building
Size:
370,000 SF
15
Portfolio
Current Portfolio: Multifamily
Property Name
City/State
Units
Skytop Gardens*
Sayreville, NJ
840
Grove Pointe Rentals
Jersey City, NJ
458
Netcong Heights*
Netcong, NJ
424
Colonial Heights*
Parsippany, NJ
400
Oxford Arms Associates*
Edison, NJ
355
225 Grand Street
Jersey City, NJ
348
111 Worth Street*
New York, NY
331
River Edge Apartments
Ewing, NJ
306
Tov Apartments*
New Brunswick, NJ
288
Whiton Hills
Branchburg, NJ
288
Brentwood Gardens*
Old Bridge, NJ
250
(Continued)
* Property managed by Partner
16
Portfolio
Current Portfolio: Multifamily
Property Name
City/State
Park Lake Village*
Parsippany, NJ
246
Villages at Bey Lea
Toms River, NJ
235
Easton North Company*
Franklin Township, NJ
212
Dartmouth Village*
Parsippany, NJ
212
Princeton Horizons
Princeton, NJ
192
Woodland Manor
South Plainfield, NJ
157
Andrews Corner
Lakewood, NJ
148
Liberty Park
Allentown, PA
133
(Continued)
Units
* Property managed by Partner
17
Portfolio
Current Portfolio: Multifamily
Property Name
City/State
Units
Jackson Green Apartments
Jackson, NJ
132
Shenandoah Village
Lakewood, NJ
72
Hamilton House
Chatham, NJ
65
The Georgica*
New York, NY
58
Bridgewater Oaks
Bridgewater, NJ
54
Willett Gardens
South River, NJ
40
Jefferson House Apartments
Chatham, NJ
35
Station Palace
Park Ridge, NJ
19
Existing Properties Subtotal
(Continued)
6,298
* Property managed by Partner
18
Portfolio
Current Portfolio: Multifamily
Property Name
City/State
Units
Journal Square
Jersey City, NJ
1,000
Field of Dreams
Bethlehem, PA
830
Liberty Harbor North II
Jersey City, NJ
501
Military Ocean Terminal
Bayonne, NJ
500
Parkland View
Upper Macungie, PA
378
Aberdeen Forge
Aberdeen, NJ
288
Under Development
Under Development Subtotal
3,497
Total Multifamily Units
9,795
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Portfolio
Current Portfolio: Office
Property Address
City/State
Square Feet
400 Atlantic Street*
Stamford, CT
485,000
1 Washington Park*
Newark, NJ
381,516
100 Route 202/206
Bedminster, NJ
176,862
135 Route 202/206
Bedminster, NJ
161,632
12 Vreeland Road
Florham Park, NJ
139,750
685 Route 202/206
Bridgewater, NJ
138,590
285 Davidson Avenue
Somerset, NJ
138,142
3 Mountainview Road
Warren, NJ
102,777
1 Main Street
Chatham, NJ
70,126
3 Century Drive
Parsippany, NJ
68,216
7 Century Drive
Parsippany, NJ
65,758
(Continued)
* Property managed by Partner
20
Portfolio
Current Portfolio: Office
Property Address
City/State
520 US Highway 22
Bridgewater, NJ
61,394
1011 US Highway 22
Bridgewater, NJ
58,415
991 US Highway 22
Bridgewater, NJ
42,075
1170 US Highway 22
Bridgewater, NJ
38,024
1375 Plainfield Avenue
Watchung, NJ
30,252
175 Morristown Road
Basking Ridge, NJ
26,280
981 US Highway 22
Bridgewater, NJ
23,736
1031 US Highway 22
Bridgewater, NJ
21,273
281 Fifth Avenue
New York, NY
10,000
90 Washington Valley Road
Bedminster, NJ
8,400
Total Office
Square Feet
2,248,218
21
Portfolio
Current Portfolio: Industrial
Property Address
City/State
Square Feet
135 Essex Avenue East
Avenel, NJ
163,000
38 Cabot Blvd
Langhorne, PA
160,490
100 Wade Avenue
South Plainfield, NJ
157,913
161 Docks Corner Road
South Brunswick, NJ
156,200
1 South Middlesex Avenue
Cranbury, NJ
149,794
53 Brunswick Avenue
Edison, NJ
106,328
24 Schoolhouse Road
Somerset, NJ
105,000
21 Commerce Drive
South Brunswick, NJ
100,920
40 Commerce Drive
South Brunswick, NJ
98,630
615 Pierce Street
Somerset, NJ
98,200
701 Cottontail Lane
Somerset, NJ
92,503
(Continued)
22
Portfolio
Current Portfolio: Industrial
Property Address
City/State
Square Feet
30 Executive Avenue
Edison, NJ
89,200
31 Executive Avenue
Edison, NJ
87,140
33 Schoolhouse Road
Somerset, NJ
78,064
45 Stouts Lane
Monmouth Junction, NJ
65,000
551 Raritan Center Parkway
Edison, NJ
61,884
260 Evans Way
Branchburg, NJ
52,380
51 Stouts Lane
Monmouth Junction, NJ
45,000
6 Century Lane
South Plainfield, NJ
43,591
3 Wade Avenue
South Plainfield, NJ
41,913
3474 South Clinton Avenue
South Plainfield, NJ
41,913
3474 Rand Road
South Plainfield, NJ
40,100
(Continued)
23
Portfolio
Current Portfolio: Industrial
Property Address
City/State
49 Stouts Lane
Monmouth Junction, NJ
40,000
3470 Rand Road
South Plainfield, NJ
33,734
165 Spring Street
Murray Hill, NJ
29,820
5 Century Lane
South Plainfield, NJ
25,000
3480 South Clinton Avenue
South Plainfield, NJ
20,400
60 4th Street
Somerville, NJ
16,000
76 4th Street
Somerville, NJ
16,000
3 Century Lane
South Plainfield, NJ
13,000
36 4th Street
Somerville, NJ
9,000
46 4th Street
Somerville, NJ
9,000
21 Fifth Street
Somerville, NJ
5,000
Total Industrial
Square Feet
2,252,117
24
Portfolio
Current Portfolio: Retail
Property Name / Address
City/State
Village Shopping Center
Bernards Township, NJ
60,451
Grove Pointe
Jersey City, NJ
19,767
281 Fifth Avenue
New York, NY
2,500
225 Grand Street
Jersey City, NJ
1,434
Total Retail
Square Feet
84,152
25