Featured – Real Estate NJ

Developer groups laud Sherrill, DEP for one-year delay of controversial flood elevation rules

By Joshua Burd State officials are delaying new land use and flood protection rules that were due to take effect this summer, in a major win for commercial real estate and business groups and a bipartisan coalition of lawmakers and mayors…

Residential & Mixed Use

Veerman: Affordable housing investor buys 61-unit portfolio in Robbinsville, Montgomery for $6 million

A private investor has expanded its affordable housing portfolio in New Jersey, acquiring a combined 61 units across two properties under a deal arranged by Veerman Asset Management.

Industrial

RRNNJ: Pine Brook, Morris Plains industrial deals among latest signs of demand for infill, accessible spaces

The owner of a Morris County industrial building has filled more than 23,000 square feet, highlighting the appeal of specialized assets and the increasingly tight market for the region’s smaller, infill spaces.

Industrial

Faropoint acquires 30,000 sq. ft. light industrial building to grow Morris County footprint

Faropoint has closed on a deal for more than 30,000 square feet of light industrial space in Lincoln Park, adding to its recent flurry of acquisitions in Morris County.

Monmouth Film Festival set to take over Bell Works for jam-packed weekend of screenings, panels, networking and more

The landmark Bell Works campus in Holmdel — already known as the backdrop for a hit Apple TV+ series — is taking on a new role as host of the 2026 Monmouth Film Festival.

Government & Public Policy

Data centers: Sherrill eyes plan to manage energy costs, community concerns while promoting AI growth

Gov. Mikie Sherrill is taking steps to manage the impact of new data center development in New Jersey, announcing a plan to establish guardrails while still allowing the state to benefit from innovations in artificial intelligence.

Residential & Mixed Use

Veris Residential goes private after $3.5 billion acquisition by Affinius, Vista Hill consortium

Investors have closed on their $3.5 billion acquisition of Veris Residential Inc., bringing the company private after its multiyear overhaul of a once-sprawling portfolio.

People

Mansbach joins G.S. Wilcox as vice president focused on debt and equity financing

G.S. Wilcox & Co. is growing its team with the addition of Ryan Mansbach as a vice president, the commercial real estate mortgage banking firm announced this week.

Office

Single-tenant, 30,000 sq. ft. office building in Parsippany fetches $5 million, Newmark says

A long-term investor has acquired a nearly 30,000-square-foot office building in Parsippany, paying $5 million for the property in a deal arranged by Newmark Associates CRE.

Spring has sprung. So has the chaos.

Spring rolls into summer and the snowbirds migrate back north — Florida to New York, just like clockwork. Except they didn’t leave the AC on in their Florida condos. So now we’re walking into spaces that feel like a science experiment gone wrong, trying to paint, renovate and salvage materials that were not designed for tropical sauna conditions.