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Marcus: Fully leased 18,000 sq. ft. strip center in North Bergen trades for $6.4 million

Marcus: Fully leased 18,000 sq. ft. strip center in North Bergen trades for $6.4 million

by Joshua Burd | Dec 2, 2024

2229 John F. Kennedy Blvd. in North Bergen — Courtesy: Marcus & Millichap By Brett Johnson A local private investor has purchased a retail center in North Bergen for $6.415 million, brokers with Marcus & Millichap announced Monday. According to the team, the...
Pompton Plains, Paramus retail properties trade in deals arranged by Goldstein Group

Pompton Plains, Paramus retail properties trade in deals arranged by Goldstein Group

by Joshua Burd | Nov 27, 2024

By Joshua Burd The longtime owner of a 30,000-square-foot strip center in Pompton Plains has sold the property, in one of two newly announced deals by The Goldstein Group. The buyer, Prime Equity, paid an undisclosed price for Fireside Plaza at 717 Route 23, according...
LMC: Retailers expect solid holiday sales, eyeing new ways to attract inflation-weary shoppers

LMC: Retailers expect solid holiday sales, eyeing new ways to attract inflation-weary shoppers

by Joshua Burd | Nov 26, 2024

By Joshua Burd A healthy consumer is fueling measured optimism among brick-and-mortar retailers as they prepare for the holiday shopping season to begin in earnest. That was among several key takeaways earlier this month as Levin Management Corp. released the findings...
Florist takes 1,600 sq. ft. at Green Brook retail property, Deluccia says

Florist takes 1,600 sq. ft. at Green Brook retail property, Deluccia says

by Joshua Burd | Nov 25, 2024

Arthurs Plaza at 215-225 Route 22 East in Green Brook — Courtesy: Deluccia Commercial Group By Joshua Burd A flower shop has leased 1,600 square feet at a Route 22 retail center in Green Brook, according to a brokerage team with Deluccia Commercial Group. In a news...
CBRE: MetLife sells 103,000 sq. ft. grocery-anchored center in Philadelphia suburb

CBRE: MetLife sells 103,000 sq. ft. grocery-anchored center in Philadelphia suburb

by Joshua Burd | Nov 22, 2024

The Shoppes at English Village at 1460 Bethlehem Pike in North Wales, Pennsylvania — Courtesy: CBRE By Joshua Burd MetLife Investment Management has sold a more than 103,000-square-foot retail center outside Philadelphia, in a newly announced deal by CBRE. According...
LMC: Target takes 76,000 sq. ft. in Flemington with upgrades coming to key shopping center

LMC: Target takes 76,000 sq. ft. in Flemington with upgrades coming to key shopping center

by Joshua Burd | Nov 21, 2024

Target will occupy 75,500 square feet at a former Burlington space at Flemington Marketplace at 325 Route 202 in Flemington. — Sample rendering courtesy: Levin Management Corp. By Joshua Burd Target is coming to Flemington after signing an anchor lease at a...
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