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.

People
Larken Associates taps Iacobucci as chief investment officer

Larken Associates has picked a veteran commercial real estate executive as its new chief investment officer.

Retail
Route 22 retail center fully leased after lease with dance studio, Deluccia says

A dance studio has leased 4,200 square feet at a Somerset County shopping center, in a newly announced deal by Deluccia Commercial Group.

Government & Public Policy
Demolition begins in East Brunswick as builders, officials prepare to transform Route 18

A development team has started demolition of a blighted, long-vacant retail complex along Route 18 in East Brunswick, in a critical step in a plan to build new apartments, commercial space and other uses as part of a destination spanning dozens of acres.

Top News
Plan for 1.2 million sq. ft. studio, hospitality complex in Carteret wins key approval

A sprawling project that would bring film and television studios, hotel rooms and restaurants to a former industrial site in Carteret is moving forward after securing a key local approval.

Retail
Wendy’s adds 3,300 sq. ft. location in Hudson County, Goldstein Group says

Wendy’s has signed a new lease along a key commercial corridor in Hudson County, in one of three newly announced deals by The Goldstein Group.

Sponsored Content
Thought leaders in electric and autonomous vehicles consider New Jersey’s mobility future

Every day brings news about the market growth of electric vehicles. But before the conversion to fully electric, self-driving vehicles comes to fruition, New Jersey must provide the infrastructure for this coming transportation revolution to thrive.

Finance & Capital Markets
CMC inks $6.4 million construction loan for Fanwood apartment, retail project

A developer has landed a $6.4 million construction loan for a project that would bring 24 new apartments and retail space to Fanwood, according to Commercial Mortgage Capital.

Retail
Jersey Mike’s takes 1,800 sq. ft. at Burlington County shopping center, LMC says

Fast-casual franchise Jersey Mike’s Subs has inked an 1,800-square-foot lease at Hartford Corners in Delran Township, brokers with Levin Management Corp. announced.

People
Diversified Properties taps Leifer as director of acquisitions, development

Diversified Properties has hired a longtime real estate executive as its new director of acquisitions and development, the Montville-based firm announced.

Retail
JRM details new store fit-outs for Peloton, Versace at The Mall at Short Hills

Two well-known retailers have debuted new spaces at The Mall at Short Hills after fit-out projects by JRM Construction Management, the firm announced Tuesday.