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
RIPCO: Paramount, Cayre land new anchor leases to help reposition Toms River retail center

The owners of a Toms River shopping center have secured leases with Sprouts Farmers Market and Boot Barn, adding two anchor tenants to help advance a substantial update of the site.

Deals
Boutique apartment, commercial property in Long Hill sold for $915,000, Deluccia says

A mixed-use building in Long Hill Township has traded for $915,000, in a newly announced transaction by Deluccia Commercial Group.

Retail
Crossroads, Wafra buy grocery-anchored center in Ramsey in partnership arranged by CBRE

A joint venture has acquired a nearly 349,000-square-foot retail property in Bergen County, completing the deal under an equity partnership arranged by CBRE.

Professional Services
Levin Management touts ‘legacy of continuity’ as co-founder William Farber marks 55-year milestone

Levin Management Corp. is celebrating its chairman, William A. Farber, marking 55 years since he joined the Levin organization before co-founding the affiliated real estate services firm.

Residential & Mixed Use
JLL: Grocery-anchored retail center in Lyndhurst trades as part of $115 million portfolio deal

A real estate investment trust has shed a nearly 78,000-square-foot shopping center in Bergen County as part of a four-state, $115 million portfolio sale arranged by JLL.

Retail
Bell Works retail space fully leased as four new tenants open at landmark Holmdel campus

Inspired by Somerset Development has welcomed four new tenants to its flagship Bell Works campus in Holmdel, bringing the property’s retail space to full occupancy.

Retail
LMC: Ace Pickleball debuts 27,000 sq. ft. location at North Brunswick shopping center

Indoor pickleball has arrived at a busy retail property in North Brunswick, bringing a distinctive new use to the complex as part of its evolving tenant mix.

Top News
Cervelli lists mixed-use Journal Square building with ‘value-add upside, owner-user potential’

A three-story, 13,000-square-foot commercial building in Jersey City is on the market for sale, in a newly announced offering by Cervelli Real Estate & Property Management.

Retail
Millville retail center fetches $2.4 million in deal with local investor, A.J. Sussman says

A local investor has purchased a nearly 34,000-square-foot retail center in Millville for $2.4 million, in a newly announced deal by A.J. Sussman Co.

Retail
LMC: Target opens at West Orange Plaza to continue retail center’s transformation

A long-awaited Target store has arrived in West Orange, marking a milestone in the high-profile update and expansion of a busy shopping center off Interstate 280.