Top News

Editor’s Note

System updates

As you’ll read in this month’s cover story, New Brunswick is marking its latest and perhaps most monumental investment in health care with the opening of the 12-story, 520,000-square-foot Jack & Sheryl Morris Cancer Center. Executives with RWJBarnabas Health, the Rutgers Cancer Institute and other key stakeholders unveiled the facility in mid-May, hailing the arrival of New Jersey’s first freestanding cancer hospital and one of only 13 in the country, part of a $1 billion project that has brought top-tier patient care and cutting-edge research labs under one roof.

Finance & Capital Markets

JLL: Buyer of Newark’s Springfield Avenue Marketplace lands $23 million acquisition loan

The new owner of a grocery-anchored shopping center in Newark has closed on more than $23 million in acquisition financing, in a newly announced deal by JLL.

Residential & Mixed Use

District 15Fifteen in Parsippany welcomes first residents, as momentum builds for retail leasing

A major mixed-use development is taking shape along Route 10 in Parsippany, with residents now moving in and a flurry of leasing activity at the property’s retail space.

Turnbridge taps NAI Hanson to lease 613,000 sq. ft. Bayonne industrial complex

Turnbridge Equities has picked NAI James E. Hanson as its leasing team for more than 613,000 square feet of recently acquired industrial space in Bayonne.

JLL seeking buyer for 41,000 sq. ft. high-end office building in downtown Morristown

A boutique office building in downtown Morristown, the home of a well-known national law firm since it was completed in early 2017, is on the market for sale.

Professional Services

Lambiase installed as IOREBA president alongside other 2025-26 board officers

The Industrial and Office Real Estate Brokers Association has welcomed its new slate of board officers for the next 12 months.

Residential & Mixed Use

JCMLiving debuts 295 rentals at landmark Wesmont Station district in Wood-Ridge

JCMLiving has completed a new 295-unit apartment building in Wood-Ridge, marking the final residential phase in the sweeping Wesmont Station project that spans nearly two decades.

Professional Services

Vericon Construction marks 20 years in business, with growing national footprint

Vericon Construction is marking its 20th anniversary, boasting a track record of more than 4,000 projects with a combined value of more than $2.2 billion.

Residential & Mixed Use

New 42-unit apartment building in Plainfield on the market for sale, IPRG says

A developer has tapped Investment Property Realty Group to sell a newly completed, 42-unit apartment building across from NJ Transit’s Netherwood station in Plainfield.

TFE-owned self-storage property in Lakewood transitions to CubeSmart

TFE Properties has expanded its partnership with CubeSmart, tapping the self-storage operator to manage an 820-unit facility near Route 70 in Lakewood.