A wood-fired pizza and Italian restaurant is coming to a Hamilton shopping center, under a newly announced transaction by Levin Management Corp.
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.
Progress Realty acquires 219,000 sq. ft. North Carolina retail center
An affiliate of Tinton Falls-based Progress Capital has added to its out-of-state portfolio, acquiring a 219,000-square-foot shopping center in North Carolina.
NAI Hanson: South Orange development lot changes hands, slated for mixed-use project
A developer has acquired the former site of a bank branch in South Orange, brokers with NAI James E. Hanson said, citing plans for a new building with retail and residential space.
SJP, Scotto ink 110,000 sq. ft. lease with Deloitte for mixed-use redevelopment in Morristown
Deloitte LLP has agreed to lease 110,000 square feet in downtown Morristown, where it’s slated to anchor a high-profile redevelopment proposed by SJP Properties and Scotto Properties.
JLL: Monroe grocery-anchored retail center sells for $32 million
A joint venture has acquired a Middlesex County shopping center for more than $32 million, in a newly completed transaction by brokers with JLL.
Moorestown retail center trades for $5.4 million, Rose Commercial says
An investor has acquired a nearly 25,000-square-foot shopping center in Moorestown, under a $5.4 million transaction arranged by Rose Commercial Real Estate.
Progress sources $85 million loan for Bronx historic rehab project
The owners of a refurbished historic warehouse building in the Bronx have refinanced the property for $85 million, under a newly announced transaction by Progress Capital.
Bed Bath & Beyond completes $250 million sale-leaseback that includes stores, industrial space
Bed Bath & Beyond Inc. has completed a $250 million sale-leaseback agreement spanning more than 2 million square feet of commercial space, in a step aimed at stabilizing the finances of the Union-based retailer.
Wayne retail project coming to life, with locally based March Associates at the helm
A planned retail center in Wayne has joined the growing list of redevelopment projects in the municipality, thanks in large part to a locally based construction firm led by township residents.
Lee & Associates expands, adds Morris County-based broker
Lee & Associates has added a veteran broker to its New Jersey team, with an eye toward gaining a greater foothold in Morris and Essex counties.
