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.

Three-tenant, 22,000 sq. ft. strip center in Union City trades for $7.8 million, Marcus says

A private investor has acquired a 22,000-square-foot retail center in a key business district in Union City, in a newly announced deal by Marcus & Millichap.

Kennedy inks $2.9 million land loan for South Orange project with 61 rentals, 23,000 sq. ft. of commercial space

A developer has closed on a $2.85 million land loan from Kennedy Funding in connection with plans to build 61 apartments and commercial space in South Orange.

Karate studio, boxing gym coming to Voorhees retail center, Vantage Commercial says

A shopping center in Voorhees Township is now fully leased after new deals with a karate studio and a boxing gym, brokers with Vantage Commercial announced recently.

RIPCO: Boot Barn set to debut three New Jersey stores by year-end, inks lease for another

Boot Barn is ramping up its expansion in New Jersey, announcing new store openings in Bridgewater, Totowa and Jersey City and a new lease signing for a future site in Edison.

Azarian: Fitness user takes 2,400 sq. ft. at Ringwood shopping center

A gym with bootcamp-themed classes has leased more than 2,400 square feet at a retail property in northern Passaic County, in a newly announced deal by Azarian Realty Co.

Doren Development acquires Fulton Bank branch in Cherry Hill retail corridor

Doren Development has expanded its footprint in southern New Jersey with the addition of a Fulton Bank branch in Cherry Hill, the firm announced this week.

Deluccia: Billiards, social lounge leases 5,700 sq. ft. on Bound Brook thoroughfare

A new billiards and social lounge concept has taken 5,700 square feet along a key commercial corridor in Bound Brook, in a newly announced deal by Deluccia Commercial Group.

Goldstein Group: Car wash, lube business backfills 11,700 sq. ft. in South Brunswick

A new car wash and maintenance business is opening in South Brunswick, leasing nearly 11,700 square feet under a set of deals arranged by The Goldstein Group.

Larken, Jersey Mike’s ink 1,900 sq. ft. lease at Warren County shopping center

Larken Associates has signed a lease with Jersey Mike’s Subs to bring another national retailer to a grocery-anchored commercial property in central Warren County.

Iron Culture opens third New Jersey gym inside revitalized West Orange bowling alley

A new Iron Culture gym has opened in West Orange, expanding the brand’s footprint in New Jersey and bringing fresh life to the site of a historic bowling alley.