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.

Retail
Net-leased Mavis Discount Tire store in Howell trades for $2.8 million, Marcus says

A private investor has purchased the site of a Mavis Discount Tire store in Monmouth County for $2.8 million, in a newly announced deal by Marcus & Millichap.

Retail
Investment firm announces new CEO, CFO amid robust growth of shopping center portfolio

First National Realty Partners has named new chief executive and chief financial officers to guide its fast-growing team and portfolio of necessity-based retail properties.

Retail
Michaels takes 25,000 sq. ft. at Newton shopping center, Jeffery Realty says

Arts and crafts retailer Michaels leased 25,000 square feet in Sussex County, in one of several newly announced transactions by Jeffery Realty.

Retail
Salon suite tenant takes 10,000 sq. ft. at Brick retail center

A provider of salon suites has leased nearly 10,000 square feet at an Ocean County shopping center, according to a broker with Vantage Commercial.

Retail
Four new tenants combine for 45,000 sq. ft. at Hazlet retail center, Pierson says

The owners of a new-look shopping center in Hazlet have welcomed four additional tenants to the property, in a series of deals announced Thursday by Pierson Commercial.

Retail
JLL brokers sale of grocery-anchored retail center in Rockland County for $27 million

A joint venture has sold a grocery-anchored shopping center in New York’s Rockland County for $26.5 million, in a deal by JLL’s Morristown-based capital markets team.

Retail
Family Dollar, Dollar Tree combo store takes 20,000 sq. ft. in South Plainfield

Family Dollar and Dollar Tree will occupy nearly 20,000 square feet at a standalone retail building in Middlesex County, in a newly announced deal by Levin Management Corp.

Retail
Grocery app Gorillas signs first New Jersey location in downtown Jersey City

A grocery app has selected its first New Jersey location, leasing 4,000 square feet in downtown Jersey City, in a newly announced deal by Grid Real Estate LLC.

Retail
Sushi eatery takes 7,000 sq. ft. for new Morristown location, Chilmark says

A sushi restaurant is relocating in Morristown after agreeing to lease nearly 7,000 square feet, in a newly announced transaction by Chilmark Real Estate Services.

Retail
Onyx taps Uncle Willie’s Wings to fill last restaurant space at revamped Gateway

A Newark restaurateur and U.S. Army veteran is expanding to the city’s Gateway Center, becoming the 10th new operator to join a new-look retail and dining concourse at the complex.