Moonachie-based Weiss Realty has taken a key step toward redeveloping a site nearly 900 miles away, where it hopes to tap into the booming demand for new data center construction.
Real Estate NJ’s 2026 Market Forecast
Even with stretches of volatility in 2025, it was clear to many of our industry experts that capital and confidence had returned to the market in a way not seen in several years. That sets the stage for what could be a stronger and perhaps smoother 2026, one marked by conviction in fundamentals rather than cautious optimism. You can read all about it in our 2026 Market Forecast, which features a distinguished list of commercial real estate experts and predictions on everything from leasing and lending to affordable housing, energy and capital markets.
You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.
Building momentum
The Museum Parc project is now taking shape around The Newark Museum of Art, as you’ll read in this month’s cover story, as a development team constructs two new buildings with a combined 250 mixed-income apartments, ground-floor retail and additional cultural spaces such as a vibrant, glass-enclosed gallery. The construction along Central Avenue is now about 50 percent complete, as anticipation builds for full delivery in early 2027.
Sherrill, Ciattarelli make their case on permitting, energy as NAIOP welcomes gubernatorial hopefuls
Speaking to a room of New Jersey commercial real estate leaders, the state’s two gubernatorial candidates seemed to be in line on the issues that mattered most to the sold-out crowd.
Exactly how they’d address those issues is where Mikie Sherrill and Jack Ciattarelli differ — or at least how they hope to distinguish themselves from each other. That was evident Monday during a program hosted by NAIOP New Jersey, where the candidates presented on key topics such as permitting, energy and taxes, among many other policy areas that figured to resonate with property owners and their professionals.
