|JERSEY AVE. COMMERCE CENTER, NEW BRUNSWICK, NJ|
New Brunswick commercial property leaseOverview
In 1730, the city of New Brunswick was named in honor of the English royal house of Brunswick. Rutgers University, founded in 1766 was the eighth college to be founded in the colonies and the only state university that existed before the Revolutionary War. Since the time of its founding, New Brunswick has been the center of commerce for the entire region of central New Jersey. This fact remains consistent today as this Middlesex County seat is alive and well as a leader of industry and commerce. The world headquarters of Johnson & Johnson, Robert Wood Johnson University Hospital, among several others call this great city home giving it the nickname "Health Care City" to reflect the importance of the healthcare industry to the economy.
The New Brunswick Development Company (DevCo), formed in 1975 by Rutgers, Johnson & Johnson, and the New Jersey Economic Development Authority has assured the continuation of growth with a budget of $1.6 billion and has participated in the development of over $700,000,000 of new construction and a 27% increase in the number of jobs in the city in the last 10 years.
In the center of all of this activity is a mixed-use project that represents the newest wave of commercial development. Located in the heart of the Urban Enterprise Zone ("UEZ"), this 57,000 square foot combination retail and flex-warehouse project known as "Jersey Plaza" is located on the heavily traveled Jersey Ave that runs between Route 1 and Route 27. These state of the art buildings enjoy the newest amenities and take full advantage of the 3% sales tax offered in the UEZ and the combination of retail, office, light manufacturing, and warehouse distribution makes this a truly unique project for all types of commercial users.
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Leasing Plan (Click to enlarge)