Brokers with Meridian Capital Group are marketing what they say is a rare opportunity — a development site in Jersey City with approvals for nearly 500 apartments.…
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.
Mortgage banker, child care among latest tenants at Marlton redevelopment
Two new tenants have committed to a 540,000-square-foot, mixed-use property in Marlton, where its owner is in the midst of a $70 million redevelopment project.…
Net leased dollar store property sells for $2.1 million, Marcus & Millichap says
A developer has sold an 8,500-square-foot retail property in Elizabeth for more than $2 million, according to brokers with Marcus & Millichap who orchestrated the deal.…
LA Fitness coming to repositioned Newark retail center
A real estate investor has secured the approvals to build an LA Fitness in Newark, marking a major step forward for its redevelopment of a former Pathmark site.…
NAI Hanson brokers sale of Route 22 gas station
The new owner of a service station in Scotch Plains is set to modernize the 2,000-square-foot property, following a transaction brokered by NAI James E. Hanson.…
Monmouth students offer vision for Roche site, win top prize at NAIOP competition
A team of Monmouth University students earned top honors recently at NAIOP New Jersey’s annual Intercollegiate Case Study Competition, offering a vision for redeveloping the former Hoffmann-LaRoche ca…
Procida finances three retail centers for $5.86 million
Procida Funding has closed on three loans for nearly $6 million that will support retail centers in Morris, Essex and Hunterdon counties, the Englewood Cliffs-based lender said recently.…
Retail, warehouse property in East Brunswick changes hands
An investment group has acquired a 41,500-square-foot retail and warehouse property in East Brunswick, in a deal announced Thursday by Sheldon Gross Realty.…
Marcus & Millichap: Red Bank property fetches $6.3 million
A private investor has sold a mixed-use, 23,000-square-foot property in Red Bank for more than $6 million, brokers with Marcus & Millichap announced Monday.…
Irvington residential, retail portfolio trades for $17.8 million
A seven-building residential and retail portfolio in Irvington has changed hands for nearly $18 million, in a transaction brokered by The Kislak Co. Inc.…