JMF Properties, one of New Jersey’s leaders in residential and commercial redevelopment, has emerged from 2019 with a growing roster of brand-name retail and hospitality tenants.
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.
LeFrak, Simon donate $100,000 to children of Jersey City shooting victims
Two of the biggest names in Jersey City real estate have teamed to help the families impacted by the December mass shooting in the city, which claimed the lives of four victims.
Goldstein Group: Bank, falafel chain join Rutherford retail center
A bank and a falafel chain have leased a combined 4,120 square feet at a Rutherford shopping center, brokers with The Goldstein Group announced Monday.
JLL sources $17.5 million loan for mixed-use Red Bank project
Denholtz Properties has secured more than $17 million in financing to develop 57 luxury apartments and retail space in Red Bank, brokers with JLL announced Thursday.
Investment sales broker rejoins Colliers’ New Jersey team
An investment sales broker has rejoined Colliers International, where he will focus on business development and transactions throughout New Jersey and the tristate region.
Cabinet maker acquires Camden County retail property, Vantage RES says
A cabinetry business has acquired a 3,150-square-foot retail building in Camden County, under a newly announced transaction by Vantage Real Estate Services.
Morristown’s transformation set to continue with new office, residential projects
Morristown has become one of New Jersey’s premier transit-oriented areas situated within a unique urban/suburban setting. Morristown’s 24/7 vibrant downtown is defined by its walkable and rapidly growing retail and residential developments. The heart of the commercial corridor surrounds the Morristown Green, a two-and-a-half-acre park that is bordered by upscale housing, office towers along with many restaurants and shopping options, attracting a high concentration of millennials.
REIT acquires Hoboken retail, rental portfolio, reportedly for $203 million
A joint venture has acquired a 39-building, mixed-use portfolio in Hoboken, brokers with Newmark Knight Frank announced, in a deal reportedly valued at more than $200 million.
Goldstein Group inks 7,800 sq. ft. retail sale in Midland Park
A nearly 8,000-square-foot retail building in Midland Park has changed hands, under a newly announced transaction by The Goldstein Group.
Final phase of Wood-Ridge transit village project secures site plan approval
A development team has secured a key approval for the final piece of a long-running plan to transform a piece of the former Curtiss-Wright aircraft plant in Wood-Ridge.
