Opportunity Zone, Historic Redevelopment and Adaptive Re-use
The Building 78 Extension at Kearny Point added 90,000 square feet of flexible office space to the existing campus. The $21.7 million project was designed for businesses focused on sustainability, resilience, and clean technology innovation.
Monge Capital structured financing including NMTC and Opportunity Zone equity to support the expansion of New Jersey’s green economy.
Estimated Economic and Social Impact
Over 300 jobs and 200 construction jobs. Flexible lease terms for small businesses.
