Real Estate News

The basics: Unilever in discussions with McCormick to sell food division Food unit includes Hellmann’s, Knorr, Marmite, sauces, soups, seasonings Division comprises about $14.9B of Unilever’s total 2025 sales Sale aligns with Unilever strategy to focus on beauty, personal care, household products Consumer packaged goods giant Unilever has confirmed talks are underway to sell its [...]

The basics: New Jersey, Roxbury Township file suit to halt ICE detention facility in vacant Roxbury warehouse Officials cite environmental, water, sewer, traffic, public safety concerns DHS purchased site for $129M, double its assessed value; plans renovations for 2,000 detainees Bipartisan state-local partnership emphasizes violation of federal laws, lack of community consultation New Jersey and [...]

The basics: Rutgers appoints Brian Quigley senior vice president of government relations Role focuses on engagement with policymakers in New Jersey & Washington Quigley previously served as vice president for government affairs at Prudential Also served as deputy executive director, general counsel for New Jersey Assembly Majority Office Rutgers University has named Brian Quigley as [...]

Panera Bread will launch its newest drive-thru restaurant in New Jersey. The fast-casual chain signed a lease for a pad site at the ON3 campus in Clifton. It expects to begin construction on a 3,500-square-foot eatery in early April, according to a March 19 announcement. Founded by Ken Rosenthal in 1987 as the [...]

Several health care networks and educational institutions around New Jersey recently shared their latest technology advancements with NJBIZ. Take a look at what’s Atlantic Health medical centers, Englewood Hospital and The Valley Hospital now offer, as well as what Rowan University researchers had under development. The post NJ hospitals, Rowan showcase [...]

The New Jersey Redevelopment Authority appointed Rose Farias as executive director and chief executive officer, effective immediately. Announced March 19, it marks a leadership transition at NJRA, as longtime leader Lisa Andersen prepares to retire. To ensure continuity, Anderson will remain with the organization as deputy chief executive officer through April 1. [...]

The basics: Plug and Play AI Accelerator officially launchs at NJ AI Hub at Princeton University Program connects AI startups with investors, corporate partners, research institutions Accelerator aims to grow New Jersey’s AI innovation, startup ecosystem NJEDA CEO Evan Weiss emphasizes keeping startups, entrepreneurs in New Jersey The Plug and Play AI Accelerator at the [...]

Yard House is joining the restaurant mix at Westfield Garden State Plaza in Paramus. A spokesperson for the busy shopping center said the Darden Restaurants-owned casual dining brand expects to open sometime next year. Yard House was founded 30 years ago in California. The restaurant chain  is known for an extensive draft [...]

Fast-casual chicken chain Wingstop is spreading its wings in New Jersey. The concept signed a lease for a 1,300-square-foot space at The Plaza Center in Secaucus. It expects a spring 2026 grand opening, according to Elmwood Park-based RIPCO Real Estate. Founded in 1994, Texas-based Wingstop specializes in cooked-to-order, hand-sauced chicken wings, tenders [...]

The basics: FDA approves Johnson & Johnson‘s Icotyde for moderate-to-severe plaque psoriasis Once-daily pill is first oral IL-23 treatment option for eligible patients Clinical trial showed about 74% of participants had clear or nearly clear skin by week 24 Drug could compete with injectable treatments such as Tremfya, Skyrizi New Brunswick-based Johnson & Johnson has [...]