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
Marcus: Net-leased childcare center in Monmouth fetches $3.3 million

An investor has purchased the site of a net-leased childcare center in Manasquan for nearly $3.3 million, in a newly announced deal by Marcus & Millichap.

Top News
The best of The Briefing 2021

Dear readers, As we look ahead to 2022, we’re excited to look back at our top stories of 2021, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. Happy…

Finance & Capital Markets
Cronheim sources $19 million loan for Whole Foods-anchored center in West Windsor

The owner of a grocery-anchored retail center in West Windsor has landed $19 million in permanent financing, in a deal arranged by Cronheim Mortgage.

Retail
Lease for new 4,600 sq. ft. tapas restaurant among latest Hoboken deals by Ripco

A restaurant group has expanded its footprint with a nearly 4,600-square-foot Spanish tapas eatery in northwest Hoboken, according to a brokerage team with Ripco Real Estate.

Retail
Leases by CityMD, SportsMed among newest New Jersey deals by Goldstein Group

CityMD is expanding its footprint in New Jersey with a nearly 4,000-square-foot lease in Bergen County, in one of several newly announced deals by The Goldstein Group.

Retail
Korean restaurant to join new dining, retail tenants at Newark’s Gateway, Onyx says

An acclaimed local restaurateur is coming to Newark’s Gateway Center, in one of several newly announced additions to the office complex’s revamped retail and dining space.

Office
SJP, Scotto mark core and shell build-out for M Station East in Morristown

SJP Properties and Scotto Properties have completed the core and shell of a new building in Morristown that will house 110,000 square feet of office space for Deloitte LLP.

Retail
Retired business owner sells 4,000 sq. ft. retail building in Ewing

A longtime business owner has sold a freestanding, 4,000-square-foot retail building in Mercer County, under a deal arranged by NAI Fennelly.

Retail
Diversified signs two new retail leases at mixed-use Summit building

Two additional retailers are coming to a mixed-use building in Summit, bringing the property’s ground-floor commercial space to full occupancy.

Residential & Mixed Use
Developer kicks off 600-unit residential, retail project at former Parsippany office park

A development team has broken ground on a project that will bring 600 apartments and townhomes to the site of what was a sprawling highway office park in Parsippany.