Real Estate News

After recently undergoing a rebrand as a modern Italian eatery, Bacarosa in Nutley is closing its doors after less than four months in business. In a Dec. 2 press release, owner GAC Hospitality shared, “The economics of this industry have always been challenging and even more so in recent times.” The group [...]

A premium tequila brand created by actor-comedian Kevin Hart and Juan Domingo Beckmann of Jersey City-based liquor company Proximo Spirits will award $500,000 in grants to diverse entrepreneurs across the U.S. and Mexico. Through an initiative developed by Gran Coramino and national nonprofit Local Initiatives Support Corp., 50 small business owners [...]

The basics: NJ Innovation Evergreen Fund invests in PolyGone Systems, JOGO Health, Hill Research Funding supports cleantech, digital health, AI-driven clinical trial technology Program pairs state capital with venture funds to grow New Jersey’s innovation ecosystem NJEDA recently raised $85M in tax credits to expand future investments The New Jersey Innovation Evergreen Fund continues its [...]

NJBIZ compiled data on organizations that ranked first in all 2025 NJBIZ lists. The companies span across several industries including banking, health care, education, real estate and professional services. In banking and finance, Bank of America has its base in Charlotte with representation in New Jersey through Alberto Garofalo. Affinity Federal [...]

The basics: CBRE announced a combined $92.5M in financing in NJ Arranged $58M refinancing for 320,000-sf Class A office campus in Short Hills Secured $34.5M permanent financing for The Essex in Belleville, a 158-unit mixed-use property CBRE said it secured financing for two separate properties in New Jersey this week: a Class A office [...]

The basics: Mars to acquire Kellanova for $35.9 billion; deal closes Dec. 11. Kellanova brands joining Mars include Pringles, Pop-Tarts, Cheez-It Combined business will operate 80 facilities, serve 145+ global markets Deal cleared by US, EU regulators creates $36B snacking unit Consumer packaged goods giant Mars Inc. is set to acquire snack maker Kellanova in [...]

The basics: Debbie Hart, founding CEO of BioNJ, has shaped New Jersey’s life sciences sector for 30+ years Also chairs New Jersey Commission on Science, Innovation and Technology (CSIT) Highlights state initiatives like the Innovation Evergreen Fund, HELIX & Strategic Innovation Centers, attracting companies to NJ Appointed to Gov.-elect Sherrill transition team to advance [...]

The Texas-based chain Wingstop has launched their second Jersey City spot inside a renovated 12th Street space. Photo by Chris Fry/Jersey Digs. One of the most recognizable chicken wing brands in the country has launched their second Jersey City outpost as Wingstop is open for business in the city’s Downtown. The Texas-based [...]

Englewood Hospital opened a new imaging and therapeutics center to serve patients in Passaic and Essex counties, the health network announced Dec. 5.  Located at 1225 McBride Ave. in Woodland Park, the nearly 10,000-square-foot facility offers:  Full-body imaging X-ray, 3T wide-bore MRI, CT/CAT scan, ultrasound and bone density  Cardiac imaging Echocardiography, nuclear stress testing, vascular studies and 24-hour [...]

The basics: Rutgers CAIT receives $13M NJEDA grant to pilot hydrogen trucks at Port Newark 6 Hyundai XCIENT fuel cell trucks will support drayage, supply-chain operations Project includes fueling site design, truck deployment & 12 months of performance tracking Partners include PSEG, CTE, Hyundai, Port Authority — focusing on clean-energy innovation and workforce development The [...]