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.

Retail
LMC: Sprouts Farmers Market takes 29,000 sq. ft. in key lease at Somerset Shopping Center

A retail center in Bridgewater has scored its first-ever grocery anchor after signing a lease with Sprouts Farmers Market, in a newly announced deal by Levin Management Corp.

Retail
Korean spa eyes first location with new lease at Livingston Town Center, Azarian says

A new spa concept is coming to Livingston Town Center after leasing one of the property’s few remaining spaces, according to a brokerage team with Azarian Realty Co.

Residential & Mixed Use
Downeaster, TANTUM break ground on 78-unit rental project in downtown Long Branch

A new 78-unit luxury apartment building will soon rise in downtown Long Branch, in a project that will transform a key stretch of the corridor leading to its booming coastline.

Retail
Deluccia: Bound Brook’s Efinger Plaza fully leased after deals with food lab, fitness concept

A prominent retail and office property in Bound Brook is now fully occupied after two recent leases at the complex, according to a brokerage team with Deluccia Commercial Group.

Professional Services
RIPCO welcomes Zaplin as senior associate focused on North Jersey retail leasing

Matt Zaplin has joined RIPCO Real Estate as a senior associate, further expanding the team focused on retail leasing and advisory services in northern New Jersey.

Deals
Jersey City investor buys 15-unit property for $5.7 million, headlining recent IPRG deals

A local investor has purchased a 15-unit apartment property in Jersey City for $5.7 million, in one of several recent transactions by IPRG’s New Jersey team.

Retail
RIPCO: Secaucus retail center fully leased after 1,300 sq. ft. deal with Wingstop

Wingstop is expanding its footprint in Hudson County with a newly completed lease at a Secaucus shopping center, in a deal arranged by RIPCO Real Estate and CBRE.

Retail
Prism inks 3,500 sq. ft. lease with Panera to bring bakery café to ON3 campus

Panera Bread has joined the fast-growing retail lineup at ON3, with plans to open a drive-thru location in Clifton under a newly announced deal with Prism Capital Partners.

Finance & Capital Markets
G.S. Wilcox: New Jersey firm lands $18.9 million in financing for Southeast retail properties

The owner of two grocery-anchored retail properties outside New Jersey has scored a combined $18.9 million in financing for the assets, in a set of deals arranged by G.S. Wilcox & Co.

Retail
Norman’s Hallmark opens 4,900 sq. ft. Woodbridge store, expanding to coveted retail market

Norman’s Hallmark is marking its latest expansion in the Garden State, debuting a new store at the Cloverleaf Shopping Center in the Avenel section of Woodbridge.