Real Estate News

WPT Capital Advisors has acquired a 603,092-square-foot industrial property in the Exit 8A submarket Monroe, following an assist from JLL. On Jan. 7, the global commercial real estate and investment management company announced a Capital Markets team arranged financing for the purchase of 130 Interstate Blvd., on behalf of the borrower. [...]

The basics: NJDOH approves relocation of Monmouth Medical Center from Long Branch to Vogel Medical Campus in Tinton Falls. Long Branch will retain satellite ER, outpatient services, psychiatric beds, other essential care RWJBarnabas Health will provide no-cost ground transportation between campuses, invest in a community health improvement plan Community Advisory Group including local officials [...]

The basics: New Jersey K–12 districts must restrict non-academic student cell phone use starting in 2026–27 school year Law requires statewide guidelines with flexibility for local boards of education Builds on $3M Phone-Free Schools Grant Program supporting early-adopter districts Early results show improved student focus, engagement, school climate In one of his final and, perhaps, [...]

Florham Park-based Barnes & Noble Education Inc. is taking the helm of campus stores at one of the top public universities in the U.S. As part of an agreement announced Jan. 6, the company’s Barnes & Noble College subsidiary will manage all course materials, retail and e-commerce operations for the University [...]

Local eateries in Ridgewood are coming together to mark Restaurant Week. Scheduled to run from Jan. 11–15 and Jan. 18–22, the Ridgewood Chamber of Commerce-sponsored annual event seeks to highlight the village’s eclectic dining scene. As part of the promotion, diners will be able to enjoy special menus and discounts at several [...]

Upscale grocery chain The Fresh Market plans to shutter one of its two stores in New Jersey. In a statement to NJBIZ, a spokesperson for the North Carolina-based banner said, “As a growing company, we regularly evaluate our store portfolio to ensure alignment with our strategic goals. After careful consideration, we [...]

New Jersey colleges and universities will receive $244.4 million in state-backed funding to upgrade and repair campus infrastructure, following the award of capital facilities grants by the Office of the Secretary of Higher Education (OSHE) Jan. 9. The funding supports 92 projects across 23 colleges and universities. After a competitive solicitation released [...]

The basics: NJ logged 24.7M sf industrial leasing activity in 2025, Cushman & Wakefield reports Q4 industrial leasing totals 4.9M sf, with vacancy rising Office market posts positive net absorption in 2025, led by Class A space Reflections on the end of 2025 are making their way into the mainstream, and when it comes [...]

The basics: Founders in AI, biotech and clean tech pitch at NJx Venture Summit More than 170 people attended Dec. 3 event in Skillman 1435 Capital announces angel investments in BMI OrganBank, Pricklee Summit underscores momentum in New Jersey’s startup ecosystem A recent event in Skillman showcased the New Jersey innovation economy in real-time. NJBIZ was [...]

A Pennsylvania-based mental health care provider for children, teens and young adults has expanded into New Jersey.  Blackbird Health announced Jan. 5 it opened a new clinic in Mount Laurel. The location aims to address the rising demand for specialized pediatric mental health support in Burlington County.  Located at 100 Century Parkway, Suite 250, [...]