A proposal to open a boutique hotel in downtown Somerville has been approved by the borough’s Planning Board. The hotel, which will have 40 to 60 rooms depending on final architectural plans, is proposed to be on the top two stories of a five-story building to be constructed in Edgewood Properties’ Somerville Town Center on West Main and Davenport streets.
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Paramount Realty and Edgewood Properties to Transform Neshaminy Mall
The new owners of Neshaminy Mall, Paramount Realty, and Edgewood Properties, have announced plans to redevelop the site, aiming to breathe new life into the half-vacant property, writes Paul Schwedelson for the Philadelphia Business Journal.
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JLL Capital Markets sells former Everest Re HQ building in Basking Ridge to Edgewood
JLL Capital Markets sold Westgate, a vacant, 250,000-square-foot office property in Basking Ridge, to Edgewood Properties. Completed in 1991, Westgate previously served as the headquarters for Everest Reinsurance before it relocated to larger space at nearby Warren Corporate Center. Located at 477 Martinsville Road, the property offers…
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At Lofts at Gloucester, groundbreaking is viewed as transformation
Gloucester Township Mayor David Mayer saw more than just shovels going into the ground for a ceremonial photo op Wednesday. He saw a huge step for his town. Mayer, joined by M&T Realty partners Jack Morris, the Edgewood Properties CEO, and Brian Trematore, said the ceremony that…
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