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.

Marcus: Net-leased Bank of America property in Clifton trades for $3.8 million

Marcus & Millichap has negotiated the sale of a 4,450-square-foot, net-leased Bank of America property in Clifton, the brokerage firm announced Tuesday.

Newmark inks deals with financial services firms, retail users in downtown Summit

Three retail tenants and two office users have signed leases in downtown Summit, in a series of newly announced transactions by Newmark Associates.

Rose Commercial inks $1.45 million sale of 8,000 sq. ft. strip center in Blackwood

Rose Commercial Real Estate has negotiated the $1.45 million sale of an 8,000-square-foot retail strip center in the Blackwood section of Gloucester Township.

Azarian, Primo Hoagies sign lease for 2,000 sq. ft. end cap space in Allendale

Azarian Realty Co. has leased the 2,008-square-foot end cap at Allendale Town Center, a 90,000-square-foot shopping center in Bergen County, to Primo Hoagies.

REIT acquires Old Bridge site for new 355,000 sq. ft. retail center, Goldstein Group says

The Brunetti Organization has sold more than 30 acres along Route 9 in Old Bridge, where plans call for building a new 355,000-square-foot retail center anchored by ShopRite and Target.

Lee & Associates New Jersey inks office sale, retail lease in Bergen County

A religious organization has purchased a 2,650-square-foot office building in Fair Lawn, in one of two newly announced deals by Lee & Associates New Jersey.

MSC Retail inks sale of 17,000 sq. ft. shopping center in Atlantic County

First National Realty Partners has sold a CVS-anchored shopping center in Atlantic County, under a newly announced transaction by MSC Retail Inc.

Playa Bowls franchisee signs lease, eyes new location in downtown Morristown

A franchisee for the fast-growing Playa Bowls chain has found a new location in downtown Morristown, in a transaction brokered by Kraft Development II.

Hoboken church finds new home after buying shuttered movie theater for $13 million

A local church has purchased a 20,000-square-foot former movie theater building in uptown Hoboken, in a newly announced transaction by Katz & Associates.

Boutique fitness club, clothing shop among newest additions to Pier Village lineup

Kushner Cos. has signed another three retail leases at Pier Village, helping to grow and diversify the tenant roster at the sprawling mixed-use property in Long Branch.