Retail

The New Jersey retail landscape has changed, but the spending power of its residents hasn’t. Owners of malls, shopping centers and mixed-use projects will continue to adapt and invest in the state.

Zoltek lists 2.2-acre leasing opportunity for retailers on Route 31 in Warren County

The owner of some two acres along Route 31 in Warren County has tapped Zoltek Commercial Real Estate Services to secure a user for the highly visible and highly trafficked parcel.

Jersey Mike’s leases 70,000 sq. ft. in major office deal at Bell Works Fort Monmouth

With an initial public offering in the works, Jersey Mike’s Subs has found new office space at the historic Fort Monmouth property thanks to a lease with Inspired by Somerset Development.

Urban Edge inks deal with Elev8tion Fitness, five others as tenants flock to Bergen Town Center

Urban Edge Properties has announced six new leases at Bergen Town Center, filling nearly 25,000 square feet as it broadens the lineup of the sprawling Paramus property.

Into the future

There are plenty of parallels between the decline of the suburban office building and that of the legacy shopping mall, but the latter feels much more personal. I’m sure many of you would agree, especially in New Jersey, so you’ll find no lack of interest in the growing number of developers seeking to reinvent these once-proud retail hubs.

A new destination: Edgewood, Paramount advance plans to revive East Brunswick mall as open-air lifestyle center

Edgewood Properties and Paramount Realty have unveiled plans to transform the 775,000-square-foot Brunswick Square Mall in East Brunswick into a modern, open-air destination for the community — one that includes not just retail but a complementary mix of heath care, fitness and lifestyle uses that will revitalize the outdated, slumping shopping center on Route 18.

Developer lands site plan approval for 68-unit Plainfield rental project, Taylor Architecture says

Plans for a new 68-unit apartment building in Plainfield are moving ahead with a key approval from city officials, according to a team with Taylor Architecture & Design.

Turning early optimism into action

Gov. Mikie Sherrill took office with a clear mandate from New Jersey voters: make the state more affordable, more efficient and more competitive. For the commercial real estate (CRE) industry, that message matters because growth does not happen in a vacuum. It relies heavily on public policy that allows projects to move forward, capital to be deployed with confidence and employers to expand in places where workers can live, commute and thrive.

Investor buys fully leased Mount Holly strip center in $2.8 million deal by Kislak

A private investor has purchased a nearly 10,000-square-foot strip center in Burlington County for $2.8 million, according to a listing team with The Kislak Co. Inc.

Readington garden center sells Route 22 property for $3.2 million, Deluccia says

The owners of a well-known garden center in Readington have sold a nearby commercial property for $3.2 million, in a newly announced deal by Deluccia Commercial Group.

RIPCO opens Red Bank office, eyeing continued growth in Central Jersey

RIPCO Real Estate has expanded to central New Jersey with the opening of a new office in Red Bank, a move aimed at supporting its ongoing growth in the region.