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Russo Development

Russo Development

Carlstadt, NJ

Founded in 1969

Russo Development is one of the most active, privately held developers of industrial, data center, residential, and mixed-use projects in northern New Jersey. Over the past 50 years, we have developed more than seven million square feet of premier commercial space, delivered approximately 1,840 luxury apartment units, completed more than 60 industrial projects and we are one of the largest owners of data center space in the New York metropolitan area. Now in our second generation of leadership, our privately-owned firm seeks to acquire vacant land, existing buildings suitable for value-added redevelopment, and/or properties that can be repositioned for a higher and better use.

 

Our current acquisition strategy is focused on redevelopment to: (i) multifamily residential; (ii) mission critical facilities; and (iii) industrial property types. Our preferred markets are New Jersey, New York, and Pennsylvania, and we are also targeting development opportunities in Connecticut, Delaware, and Maryland.