Real Estate News

30 Montgomery has been sold to Real Capital Solutions and Lamar Companies. Image courtesy Onyx Equities. One of Jersey City’s premier waterfront office spaces has a new owner, as the Exchange Place office tower has been purchased by a joint partnership. Real Capital Solutions and Lamar Companies have acquired 30 Montgomery Street, [...]

Cellares and Cabaletta Bio signed a 10-year commercial supply agreement to support large-scale manufacturing of rese-cel, an investigational CAR-T therapy for autoimmune diseases. The deal positions Cellares as the long-term manufacturing partner, with its automated Cell Shuttle and Cell Q platforms designed to enable production of thousands of batches annually at [...]

Family-owned and operated cannabis company Brute’s Roots is expanding its South Jersey footprint with a second dispensary. The shop located at 2001 S. Delaware St. in Paulsboro is scheduled to open May 2. The company announced the upcoming launch in an April press release. Brute’s Roots said the dispensary’s proximity to Interstate [...]

As NAIOP, The Commercial Real Estate Development Association – New Jersey Chapter’s Annual Commercial Real Estate Awards gala approaches, the organization has revealed its 2026 Deal of the Year winners and finalists. The NAIOP NJ affair returns to The Palace at Somerset Park in Somerset May 14. This year’s celebration will [...]

The basics: NJ AI Hub selects 14 startups for inaugural accelerator cohort Program powered by Plug and Play connects founders with mentors, investors Startups span healthcare, fintech, climate tech, enterprise AI Initiative aims to grow New Jersey’s AI ecosystem, drive innovation The New Jersey Artificial Intelligence Hub announced the 14 startups comprising the first cohort [...]

Local eateries are coming together to mark Passaic County Restaurant Week. Scheduled to run May 11–17, the promotion will include wallet-friendly prix-fixe menu options designed to appeal to a wide range of diners while also showcasing signature dishes. In honor of America’s 250th anniversary this year, participating restaurants will offer specials at [...]

American Water Works Co. and Essential Utilities Inc. have received the first regulatory approval for their proposed merger.  The Kentucky Public Service Commission approved the move, the companies announced April 22.  Camden-based American Water and Essential Utilities, headquartered in Bryn Mawr, Pa., unveiled the proposed merger in October 2025.  The all-stock, tax-free transaction would create [...]

The basics: New Jersey City University president calls Kean merger a historic milestone Transition to Kean Jersey City set for summer 2026 Acebo highlights resilience amid financial challenges Message emphasizes mission, community, growth Following the latest approval of the merger with Kean University, New Jersey City University President Andrés Acebo wrote to the campus community. [...]

RH Outlet has arrived at 200 IKEA Drive in Paramus, taking over the former Sports Authority space. RIPCO Real Estate represented the tenant in the lease transaction for the 50,739-square-foot space at the Levin Management Corp.-managed property. The move brings RH Outlet (formerly Restoration Hardware) to one of the most prominent retail [...]

The basics: Allegiance Retail Services unveils Pathmark Daily small-format grocery concept First location opens May 1 in East Meadow, NY Stores emphasize convenience, value pricing, fresh essentials Concept reflects broader industry shift toward smaller grocery formats Iselin-based supermarket cooperative Allegiance Retail Services LLC is rolling out a small-format grocery concept. Designed to meet the needs of [...]