Developer buys series of plots, plans to build CVS at Cherry Hill intersection

A Cherry Hill retail site has been purchased for $4 million, with plans for a CVS to be located at the intersection, according to Rose Commercial Real Estate. The Marlton-based real estate firm said the...

Atilis Gym opening location in Galloway, Vantage Commercial says

Atilis Gym has signed a long-term lease for a fitness facility in Galloway, replacing a Tilton Fitness location, according to real estate services firm Vantage Commercial. Atilis Gym, owned by Chris Lambert, signed for about...

Mediterranean restaurant signs lease in Marlton, with midyear opening expected

A restaurant has signed a lease at a Marlton shopping center, according to real estate firm Vantage Commercial. The Olive Pit is slated to open at midyear at the Allison Shopping Center, according to a...

Freshii joining tenants at Ironside Newark

Freshii, a fast casual eatery, has signed a lease for the Ironside Newark property in the city, according to developer Edison Properties. The restaurant is expected to open in spring 2021 with a storefront on...

Target coming to Somers Point, brokerage firm says

A Target store is replacing the now-shuttered Kmart at a Somers Point shopping center, according to real estate firm Soloff Realty and Development Inc. The Pennsylvania-based firm brokered the transaction that will see a 101,000-square-foot...

Siree Morris wants to build houses in Newark — and clear path for others...

Ribbon-cuttings never get old for Siree Morris. They represent another completed project — another example that he can make it as a developer. Another example that a young Black man can make it in...

Union apartment complex is fully leased, developer announces; second phase in the works

A luxury apartment complex in Union has finished leasing its first phase, according to developer American Landmark Development. Centurion Union, a five-story downtown property at 975 Bonnel Court with 80 units and amenities, has finished...

Report: Home sales surging in Newark and Camden

An amazingly updated 19th-century townhouse close to the waterfront in Hoboken recently sold for $6.5 million, making it the most expensive property ever sold in the city. Big sales, however, are no surprise there. This...

AvalonBay buys Somerville site from Somerset Development, ready to build apartments and more in...

AvalonBay Communities Inc. has acquired a 15-acre property in downtown Somerville from Somerset Development, the next step in toward a new phase of the Somerville Station transit-oriented development. Holmdel-based Somerset Development sold the site to...

Bridge sells Phase I of Bridge Point 78 in Phillipsburg to PGIM for $275M

Bridge Development Partners announced Thursday that it has sold Phase I of Bridge Point 78 in Phillipsburg to PGIM Real Estate for $275 million. The development, consisting of four newly constructed industrial warehouses totaling roughly...

Latest Articles

DOL: Unemployed workers will get $600 in additional benefits this week

The state’s Department of Labor & Workforce Development said Tuesday it has successfully processed supplemental unemployment payments for more than 500,000 people. Those eligible for...

Murphy, with no holiday spike and new president, expresses optimism despite vaccine shortcomings

While acknowledging there still is a supply issue involving getting doses of the COVID-19 vaccine, Gov. Phil Murphy expressed optimism about the state’s fight...

Bridgewater office building sold, C&W says

A Bridgewater office building has been sold, according to real estate firm Cushman & Wakefield. The 58,233-square-foot property at 745 U.S. Highway 202/206 was sold...

3 top lawyers join Mandelbaum Salsburg as partners

Robert Scrivo, a former special counsel and assistant U.S. attorney working out of the Newark office, is one of three top lawyers to join...

JLL arranges $89.5M development loan, $48.8M acquisition loan

JLL Capital Markets has arranged the financing for a pair of projects, it announced Tuesday. In the first deal, the real estate services firm announced...