According to the report, U.S. consumer spending and demographic patterns suggest significant changes are on the horizon for food and beverage operators including a greater push for prepared foods, a growing millennial influence, and the emergence of inner-ring suburbs as the industry’s hottest market.

Cervelli Real Estate & Property Management said it identified a buyer from outside of the area looking to place funds from a recent 1031 transaction.

The Passaic County Board of Realtors has officially merged with the North Central Jersey Association of Realtors. Together, the organization will represent more than 12,000 Realtors and real estate industry professionals in New Jersey.

Pennsylvania-based Shawnee Transportation has purchased a 121,000-square-foot building at 50 Somerset Place in Clifton.

In a letter mailed to stockholders on May 7, the real estate company reiterated its position that the investment firm's sole objective is to acquire Mack-Cali's office assets at a lowball price or force a "fire sale" of the company.

Currently located in Englewood Cliffs, the grocer has signed a lease for 47,398 square feet of space for its new regional headquarters in Hudson County.

Transwestern Commercial Services announced construction is underway on the final building in Toll Brothers City Living’s mixed-use development at 1000 Maxwell Lane.

Delivering keynote remarks at the event, NJEDA Chief Executive Officer Tim Sullivan outlined the context in which the Murphy administration has been thinking about economic growth, citing assets including education, technology and a diverse workforce, as well as challenges in the state’s economy.

Bussel Realty Corp. leased the space at 270 Heller Park Court to the Canadian furniture store.

Margie Lapadura, Eric Bogovich and Scott Silver have joined Weichert Commercial Brokerage Inc.