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
Iron Ore buys 59,000 sq. ft. grocery-anchored retail center in Trenton

An affiliate of Iron Ore Properties LLC has purchased a grocery-anchored retail center in Trenton, the Milburn-based firm announced Thursday.

Retail
LMC to manage Old Bridge retail center among two new assignments

Levin Management Corp. has secured two new assignments on behalf of property owners in and around its home state of New Jersey, the North Plainfield-based firm said.

Finance & Capital Markets
Urstadt Biddle lands $21 million loan for New Providence retail center, Cronheim says

The owner of a 108,000-square-foot, grocery-anchored shopping center in New Providence has secured $21 million in financing for the site, in a deal arranged by Cronheim Mortgage.

Residential & Mixed Use
Kislak details North Jersey multifamily, retail sales totaling $5.5 million

A private investor has purchased a nine-unit apartment building in Orange for $1.5 million, in one of several newly announced deals by The Kislak Co. Inc.

Retail
Atkins, Woodmont welcome new restaurant tenants to Washington Square Town Center

Three food and beverage tenants have opened their doors alongside a newly developed mix of medical users, housing and commercial space in Gloucester County.

Retail
FNRP adds 227,000 sq. ft. Acme-anchored center in Voorhees

First National Realty Partners has made another addition to its grocery-anchored retail portfolio, acquiring a nearly 230,000-square-foot shopping center in Camden County.

Retail
Salon products chain opens 3,500 sq. ft. store in Howell, LMC says

A beauty supply store has opened its doors at a busy 128,000-square-foot shopping center in Monmouth County, following a deal arranged by Levin Management Corp.

Finance & Capital Markets
JLL inks $43 million loan for MCB, Hampshire ‘town center’ project near Philadelphia

A joint venture has landed nearly $43 million in financing to build a mixed-use, grocery-anchored development at the site of an existing commercial complex outside Philadelphia.

Professional Services
NAI Fennelly inks 31 leases, renewals through first four months of 2022

A brokerage team is touting the completion of 31 leases during the first four months of 2022, accounting for more than 200,000 square feet of activity in and around central New Jersey.

Residential & Mixed Use
Jersey City’s Rivet 26 nears full occupancy of residential, retail space

The developers of a new 199-unit luxury apartment building in Jersey City have all but leased up the property and its 10,000 square feet of street-level retail space, the firms announced.