National Realty & Development Corp. - New York, NY
745 Fifth Ave Suite 14th Floor New York, NY 10151 (914) 694-4444
National Realty & Development Corp is a privately held commercial real estate ownership and development firm founded more than 50 years ago. The company operates a portfolio exceeding 70 projects across 14 states in the eastern United States, comprising over 22 million square feet. The firm specializes in retail power centers and grocery-anchored shopping centers, supplemented by office/industrial properties and luxury residential developments. The company maintains dual office locations, with operations based in Purchase, New York, and a presence in Manhattan. The portfolio exhibits geographic concentration in the Mid-Atlantic and Northeast regions, with New Jersey representing a substantial portion of holdings, followed by New York, Pennsylvania, and Connecticut. The company's retail centers typically feature national and regional grocers and big-box tenants as anchors. Properties are located in secondary and tertiary markets throughout states including New Jersey, New York, Pennsylvania, Connecticut, Vermont, Delaware, Maryland, Virginia, Tennessee, Kentucky, Ohio, Michigan, Massachusetts, and California. Recent tenant announcements include AFC Urgent Care and Wonder in New Jersey locations, indicating ongoing leasing activity in the grocery-anchored shopping center segment. The privately held structure allows the firm to maintain a long-term hold strategy without public market pressures.
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