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
Hair salon takes 950 sq. ft., relocates to New Milford

A hair salon has relocated within Bergen County after leasing nearly 1,000 square feet at a New Milford retail property.

Retail
Larken inks lease with pharmacy, bringing Hillsborough complex to full occupancy

Larken Associates has completed a nearly 2,000-square-foot lease at a Hillsborough strip center, bringing the office and retail property to full occupancy.

Deals
NAI Hanson inks sale of mixed-use building in Netcong

An investor has acquired a 2,100-square-foot mixed-use building in Morris County, under a newly completed transaction by NAI James E. Hanson.

Retail
Aspen, Devli add 220,000 sq. ft. retail center in Freehold

A joint venture has acquired a four-building, 220,000-square-foot retail property in Freehold, under a newly announced transaction by Colliers International.

Retail
NIA National touts 724 sq. ft. lease for Bergen County ice cream shop

A custom ice cream sandwich shop has opened its doors in Westwood after agreeing last year to a 724-square-foot lease in the borough.

Finance & Capital Markets
G.S. Wilcox secures $6 million for developer of Springfield Wawa

A developer has landed $6 million in financing for a newly opened Wawa gas station and convenience store in Springfield, G.S. Wilcox & Co. announced Wednesday.

Retail
CVS opens at Russo’s sprawling mixed-use project in Union

CVS Pharmacy has opened its doors at Russo Development’s new mixed-use property in Union, joining several other retailers serving hundreds of new apartments and Kean University.

Retail
South Jersey bar operator adds new location, liquor license in Burlington County

A specialty bar and restaurant operator is expanding in South Jersey after acquiring a liquor license in Evesham Township, brokers with Vantage Real Estate Services announced.

Retail
R.J. Brunelli named leasing agent for Monroe shopping center

The owners of a grocery-anchored shopping center in Middlesex County have selected R.J. Brunelli & Co. as the property’s leasing agent.

Office
Investor acquires 40,000 sq. ft. office and retail center in Parsippany

A private investor has sold a mixed-use commercial property in Parsippany for nearly $4.4 million, under a newly announced transaction by The Kislak Co. Inc.