Professional Services
Webster-led team joins Connell Foley real estate practice in Newark

A team led by prominent real estate attorney Elnardo Webster II has moved to Connell Foley LLP, helping to deepen the practice group and the firm’s Newark office.

Retail
Chip City plans continued growth after recent North Jersey store openings

Gourmet cookie chain Chip City is eyeing some two dozen additional locations this year after opening three new stores in New Jersey since late January alone.

Government & Public Policy
Newark issues RFQ for builders, nonprofits for new equitable growth housing initiative

The city of Newark has issued a call for experienced contractors, developers and nonprofits for a new program to make housing more affordable and, in the process, expand opportunities for minority- and women-owned firms in real estate.

Professional Services
DIGroup celebrates Firm of the Year, merit honors at recent AIA-NJ gala

DIGroup Architecture is celebrating three recent accolades from the American Institute of Architects New Jersey chapter, including the prestigious Firm of the Year Award.

Government & Public Policy
Leaders in New Jersey housing, redevelopment pay tribute to late Sen. Ron Rice

The death of former state Sen. Ronald Rice resonated throughout New Jersey this week, drawing tributes from groups including those involved in housing and urban redevelopment.

Finance & Capital Markets
Developer of 203-unit Newark rental tower inks $50 million construction loan, FM Capital says

A developer has secured nearly $50 million in financing for a planned 203-unit apartment building in Newark’s University Heights section, in a deal arranged by FM Capital.

Office
JLL: Buyer wanted for Three Gateway in Newark, amid ongoing overhaul of iconic complex

Three Gateway Center, one of four buildings in Newark’s revamped Gateway complex and the home of more than 500,000 square feet of office space, is on the market for sale.

Industrial
Prologis eyes new 142,000 sq. ft. industrial development near Port Newark

Prologis Inc. is bringing more than 140,000 square feet of new industrial space to a site near Port Newark-Elizabeth, in one of several projects in its New Jersey development pipeline.

Residential & Mixed Use
Accurate’s pipeline is surging, with an aggressive (but long-term) approach to development

Accurate has been prolific in building and lining up new multifamily development projects across New Jersey, having completed some 1,000 residential units since 2021 alone. It now has construction underway, approvals in place or sites under control to build another roughly 6,400 apartments and townhomes, including some 4,000 in Newark, with more to come.

Office
Matrix adds new food option, touts 37,000 sq. ft. in leasing at Newark Legal Center

Matrix Development Group has announced a flurry of new leasing activity at the office tower known as the Newark Legal Center, where it’s also welcoming a new café operator.