The Plaza at Harmon Meadow

Secaucus, New Jersey


In March 2015, New Valley Realty partnered with Carlton Strategic Ventures to acquire The Plaza at Harmon Meadow (650 and 700 Plaza Drive), a 219,382 square foot lifestyle center in Secaucus, NJ. The Plaza at Harmon Meadow is part of a larger development known as Harmon Meadow, which was developed in 1981 and is comprised of 4 million square feet of retail, office, hotel, and entertainment space, thus rendering the area a focal point for Northern New Jersey real estate.

Property Details

The property is made up of a diverse mix of tenants. 650 Plaza Drive is a stand-alone outparcel that contains a 14 screen Kerasotes movie theater, which totals 59,110 square feet. 700 Plaza Drive is comprised of 131,493 square feet of retail and a 28,779 square foot office component. The retail portion is home to 34 tenants and the office portion is leased to 16 tenants.

Within the larger Harmon Meadow development are 7 hotels, which boast an average occupancy of over 90%, as well as a convention center that welcomes over 250,000 conventioneers per annum. The close proximity of the hotels and office space results in a steady flow of consumers for the retail components of The Plaza.