Real Estate News

Customers in New Jersey can now have their groceries from H Mart delivered directly to doorsteps courtesy of DoorDash. In a Sept. 12 press release, the on-demand delivery platform announced the launch of a partnership with the Asian supermarket chain’s 75 stores across the U.S. Founded 40 years ago in Queens, N.Y., [...]

A major project to modernize the road network leading into the East Coast’s busiest port complex is advancing. The Port Authority of New York and New Jersey announced this week that the ramp leading from eastbound Port Street to southbound Corbin Street will close for demolition and reconstruction beginning Sept. 16 [...]

Inspira Health announced this week the official opening of its Inspira Medical Group Primary Care Millville. The health care organization invested $5 million in the project to relocate and develop the new primary care facility. The office will grow its Millville footprint from 2,000 square feet to more than 9,000 square [...]

Cannabis multistate operator Green Thumb Industries Inc. closed a $150 million, five-year syndicated credit facility led by Morristown-based Valley National Bank. In a Sept. 12 press release, the MSO described the oversubscribed, non-brokered offering as a “first-of-its-kind credit facility” for the legalized U.S. cannabis marketplace. Green Thumb founder, chairman and CEO Ben [...]

The recently wrapped-up economic mission to Canada had one very noticeable through line — a major focus on education initiatives and partnerships. Organized by Choose New Jersey, Gov. Phil Murphy led the delegation along with First Lady Tammy Murphy, governmental and business leaders, and other key stakeholders. The mission traveled to Ottawa, [...]

New Jersey officials remain on offense in their bid to bring the Philadelphia 76ers to the great Garden State. Earlier this month, the New Jersey Economic Development Authority (NJEDA) wrote a letter to team owner, Harris Blitzer Sports Entertainment, detailing the state’s pitch for the team to move across the Delaware [...]

Sony and Cellares announced a joint development collaboration Sept. 12. The two companies say the partnership aims to integrate Sony’s cell-sorting and analytical technologies into the Cell Shuttle, Cellares’ automated cell therapy manufacturing platform. The announcement comes on the heels of Cellares commissioning the first Cell Shuttle at its Smart Factory in [...]

Citing declining sales, high employee turnover and a stale menu, the parent company of upscale burger chain BurgerFi and casual dining brand Anthony’s Coal Fired Pizza & Wings filed for voluntary bankruptcy protection. In a petition filed Sept. 11 in U.S. Bankruptcy Court for the District of Delaware, Florida-based BurgerFi International [...]

New Jersey is warming up to Perspire Sauna Studio. After signing three separate development agreements, the sauna franchise brand will open in Hoboken, Montclair and Westfield. Founded in 2010, Perspire uses full-spectrum infrared and red-light therapy technology to help ease pain, burn calories, improve sleep and detox the body. Each session lasts [...]

New Jersey is taking steps to regulate the production and sale of intoxicating hemp products. Readily available in CBD and vape shops, as well as gas stations, convenience stores and other retailers across the state, items made with hemp-derived cannabinoid delta-8 tetrahydrocannabinol (THC) come in many forms — from beverages to gummies [...]