Real Estate News

The basics: Chick-fil-A Gloucester Outlets opens April 2 with drive-thru, dine-in, carry-out, delivery Grand-opening “Moove-In Party” offers free meals for cow-themed attire Features Mobile Thru, on-site playground, summer extended hours Restaurant employs 100 staff, donates $25,000 to Philabundance for hunger relief Chick-fil-A will add another drive-thru restaurant in South Jersey. Located at Gloucester Premium Outlets in [...]

The basics: 28 New Jersey companies rank on Inc.‘s 2026 Northeast growth list Oculus Insights (Freehold Township) leads NJ firms with 960% growth Northeast companies post 73% median growth, generating $2.3B Ranked firms must meet strict revenue, growth criteria from 2022–2024 Twenty-eight companies in New Jersey rank among Inc.’s new list of fastest-growing privately held [...]

The basics: IOREBA panel points to permitting delays as major constraint on NJ development activity Developers raise concerns about REAL rules, added construction costs tied to flood elevation mandates Panelists see early movement from the Sherrill administration but say systemic issues remain Economic uncertainty, energy costs, tenant health weigh on project feasibility While looking ahead [...]

After securing approvals for the merger in February, Blue Foundry Bancorp is officially now part of Fulton Financial Corp. Lancaster, Pa.-based Fulton announced completing its acquisition of Rutherford-based Blue Foundry April 1. When it was announced, the partners valued the deal at approximately $243 million. The closing advances Fulton’s growth plan in [...]

Drivers in parts of Middlesex and Monmouth counties should be on the lookout for roadwork this spring. New Jersey American Water will start work on nearly $5.5 million in infrastructure upgrades in those regions.  The projects are part of the Camden-based utility’s long-term commitment to upgrading infrastructure across the more than 190 communities it serves [...]

The basics: McCormick to acquire Unilever‘s food division for $44.8B in cash and stock Combined company expected to generate roughly $20B in annual revenue Unilever shareholders to own 55.1% of the new company Move aligns with Unilever’s strategy to focus on higher-growth segments Consumer packaged goods giant Unilever is spinning off its food business and [...]

NAIOP, The Commercial Real Estate Development Association – New Jersey Chapter will hold its 39th Annual Commercial Real Estate Awards Gala May 14. The NAIOP NJ affair will return to The Palace at Somerset Park in Somerset in 2026. This year’s affair will recognize six individuals, along with Deal of the [...]

CrossCountry Mortgage Inc. closed 6,919 loans in New Jersey for a total of $3.1 billion in 2024, the most-recent data available. The firm, headquartered in Brecksville, Ohio, held the top position on the 2026 NJBIZ Mortgage Brokers & Bankers list, released March 30. Rocket Mortgage LLC, founded in 1985 and based [...]

Diana Mead, JD Partner, Co-President of Grassi Franchise Services Laura Wright, CFA Partner, Franchise Business Development Leader Franchise and restaurant operators face a mix of new opportunities and lingering challenges. Cooling consumer spending, a tight labor market, and high costs continue to squeeze margins. But protecting profitability means more than focusing on sales alone. By [...]

Many popular chains are cooking up discounts for National Burrito Day. The celebration takes place on the first Thursday of April. The annual occasion gives restaurants a chance to roll out deals, limited-time menu items and promotions for the fan-favorite item. So far, several brands with a local presence have revealed freebies [...]