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QuickChek property sells for $7M in Somerset County
According to Marcus & Millichap's Matthew Klang, “This trophy asset commanded commensurate pricing, even in the face of rising interest rates and market uncertainty."
North Bergen apartments project secures $52.2M construction loan
Texas-based HALL Structured Finance said the funding be used for the development of a 135-unit multifamily property from a New York City-based developer.
Adoni Property Group buys 34-acre Basking Ridge office property (updated)
Cushman & Wakefield arranged the sale of this Somerset County site, which offers frontage along Route 202 and immediate access to Interstate 287.
QuickChek brings back Free Coffee Fridays campaign
After debuting the promotion in March 2022 as part of its 55th anniversary celebration, divisional Vice President Don Leech said the company wanted to reprise it as a way to give consumers a wallet friendly pick-me-up.
Rutgers-Newark awarded $2.8M to advance digital equity
With the federal funding, the university will embark on public-private collaborations to expand broadband access, computer literacy skills and more, working with partners including the City of Newark, Newark Alliance, Teknogrid, Invest Newark, the State Department of Corrections and others.
Wing It On! opens second NJ restaurant
Over the past year, the franchise has expanded by 70%, which helped it earn a spot on the annual Inc. 5000 ranking of the country’s fastest growing chains.
NJDOL announces another $4M for GAINS apprenticeships program grant
Funding can be used to reimburse up to 50% of new apprentices’ wages for a maximum of $12,000 per apprentice over 52 work weeks.
Inspira Health celebrates topping off at Woodbury Campus facility
The $71 million redevelopment project will be the new home for the health care system's satellite emergency department and inpatient behavioral health program.
Jersey City taps WinnCompanies for Holland Gardens public housing overhaul
The $500 million project will ultimately be comprised of 50% affordable units, establish a new public library and create thousands of jobs, according to the city.
Middle Eastern fast casual offers 50% off for Paramus grand opening
The growing New York City-based restaurant is celebrating its New Jersey debut with freebies, entertainment and discounts.
Cooper teams up with Department of Homeland Security
A new immersion program will provide advanced clinical training to members of the DHS Emergency Medical Services system.
NJBIZ Conversations: Alan Sobel
SobelCo's former managing member talks about how the CLA deal happened and what it means for his colleagues and their clients, in addition to the state of the accounting profession and what the future could hold.
