Real Estate News

The basics: Merck acquires Terns Pharmaceuticals in $6.7B deal Adds TERN-701 – leukemia drug with early positive results Strengthens Merck’s hematology and oncology pipeline Acquisition diversifies portfolio ahead of Keytruda patent expiration Rahway-based pharma giant Merck plans to spend $6.7 billion to purchase Terns Pharmaceuticals in an effort to boost its hematology pipeline. As part of [...]

Newly rebranded Kurv Industrial expanded its New Jersey footprint with the acquisition of a four-building North Jersey portfolio. Kurv Meadowlands comprises 256,381 square feet in Carlstadt and East Rutherford, the firm said in its March 25 announcement. The buyer plans to implement a capital improvement program across the package to enhance functionality [...]

The New Jersey Board of Public Utilities has partnered with Rutgers Business School-Camden to launch a new Utility Rates Certificate Program aimed at building the next generation of utility ratemaking professionals. The initiative will combine specialized coursework with paid fellowships, giving students hands-on experience in areas such as rate design, revenue [...]

QuickChek wants to help put some spring into your step this season. The Whitehouse Station-based convenience chain recently announced the return of the Free Coffee Fridays campaign across its 150-plus stores in New Jersey and New York. As part of the promotion, QuickChek Rewards members receive a bonus reward of one free [...]

The Statewide Hispanic Chamber of Commerce of New Jersey, in partnership with LISC New Jersey and Invest Newark, launched a four-part business training series March 24 to help Newark businesses prepare for opportunities tied to the upcoming 2026 FIFA World Cup. Held at El Criollo Restaurant in Newark, the series aims [...]

A 55-story tower with a ground-floor Whole Foods is slated to be heard by Jersey City’s Planning Board next month. Rendering by Handel Architects. The burgeoning Journal Square neighborhood of Jersey City could be setting the table to get a new high-rise plus a Whole Foods supermarket as officials have set [...]

Mochi Dough is bringing their pon de ring donuts to a storefront in Jersey City’s Bergen-Lafayette neighborhood. Image courtesy Mochi Dough. The Bergen-Lafayette neighborhood will officially welcome a new dessert shop, with giveaways and other promotions, as Mochi Dough will soon introduce itself to Jersey City. The Asian-inspired donut and coffee shop, [...]

Provident Financial Services appointed Michael Perito as head of investor relations. The Iselin-based parent company of Provident Bank announced the promotion March 24.  Perito joined Provident in August 2025 as the bank’s first senior vice president and head of corporate strategy. He will continue to serve in these roles.  In addition to helping guide Provident’s long-term strategic initiatives [...]

The basics: Kolluri outlines NJ Transit priorities at NAIOP NJ policy forum Focus on reliability, fiscal discipline, modernization New executive order requires overhaul plan within 45 days LAND initiative could generate up to $70M annually, boost TOD Gov. Mikie Sherrill signed an executive order this week designed to improve service for NJ Transit riders. It [...]

The basics: Sports Facilities Cos. acquires Lambertville-based Spirit Golf Management Deal launches new Golf Division within national sports operator Spirit Golf manages 10 facilities across NJ, NY and Pennsylvania Founder Attara to lead division, expanding youth and community programs The Sports Facilities Cos. acquired Lambertville-based golf management firm Spirit Golf Management. The move marks a [...]