BALFIN Americas, part of the international investment conglomerate BALFIN Group, has strengthened its presence in the U.S. real estate market through a strategic acquisition in partnership with Crown Acquisitions. The new asset, known as 340 Mount Kemble, marks BALFIN Americas’ first commercial real estate investment in the United States and represents a milestone in its long-term commitment to the market.
Located in the heart of New Jersey’s corporate corridor, 340 Mount Kemble is a premium Class A office campus that caters to several of the world’s leading financial institutions. With a total built-up area of over 160,000 square meters, including 40,000 square meters of prime office space, the complex is designed for performance, convenience, and modern-day workplace demands. Amenities include state-of-the-art conference rooms, a fully equipped fitness center, game room, lounge, café, and over 1,600 surface and covered parking spaces.
According to Martin Mane, CEO of BALFIN Americas, this acquisition is a clear signal of the company’s long-term vision for growth in the United States.
“340 Mount Kemble is more than a property—it is a reflection of our expanding footprint in one of the world’s most competitive and sophisticated real estate markets. By partnering with Crown Acquisitions, one of the most respected firms in the American real estate industry, we are reinforcing our belief in the long-term value of premium commercial assets,” said Mane.
“We bring to this partnership over three decades of experience in asset development and investment. Our operational discipline, governance culture, and commitment to partnership allow us to operate seamlessly across markets and maintain the trust of global counterparts.”
Crown Acquisitions, led by Richard Chera, is a highly regarded player in U.S. real estate, known for managing iconic properties such as Cartier Mansion and 650 Madison Avenue in Manhattan. The joint vision between BALFIN Americas and Crown is to transform 340 Mount Kemble into a dynamic commercial destination—enhancing value not only for tenants and investors, but also for the broader business and employee community it serves.
This acquisition follows BALFIN Americas’ previous residential developments in New York, where the company is actively developing four multifamily buildings totaling 350 residential units. The first of these is expected to be completed in spring 2025, further underscoring BALFIN Americas’ diversified investment approach across asset classes.
With an expanding portfolio of residential, commercial, hospitality, and mixed-use projects, BALFIN Americas is positioning itself as a forward-looking investor and developer in the U.S. property landscape. Rooted in the experience of the BALFIN Group—which has operated in real estate since 2000 across Albania, Kosovo, North Macedonia, Austria, the U.S., and most recently Canada—BALFIN Americas brings a unique combination of European precision and global perspective to every investment it undertakes.
As the U.S. real estate sector continues to evolve in the face of economic realignment and shifting urban dynamics, BALFIN Americas remains focused on strategic growth, high-quality partnerships, and long-term value creation.
As we expand our presence in the U.S. market, BALFIN Americas remains committed to:
Our goal is to build a portfolio that aligns with evolving market needs, investor expectations, and our responsibility to the communities we serve.
To discuss opportunities, partnerships, or insights related to U.S. commercial real estate investment, please contact our investment team or follow BALFIN Group updates on LinkedIn.
Balfin Americas is part of BALFIN Group, a leading investment group from Southeast Europe. We focus on strategic real estate and asset management across the Americas, creating long-term value.
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