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.

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.

Retail
Five tenants lease 52,000 sq. ft. at South Brunswick retail center, Goldstein Group says

Five tenants have signed leases at a Middlesex County shopping center, combining for more than 52,000 square feet, in a series of newly announced transactions by The Goldstein Group.

Retail
Azarian: Spa, dessert shop combine for 3,200 sq. ft. at Livingston Town Center

A spa and a dessert shop are coming to Livingston Town Center after signing leases at the 65,000-square-foot property in Livingston.

Retail
Equity Retail inks sale of ex-Kmart building in Camden County

The site of a former Kmart building in Camden County has changed hands for an undisclosed price, under a deal arranged by Equity Retail Brokers.

Retail
Jersey Shore eatery inks 9,500 sq. ft. lease in Marlton, joining RD Management project

A popular Jersey Shore restaurant is expanding to Burlington County after taking more than 9,000 square feet at a new mixed-use development along Route 70.

Retail
Sun Equity sells 110,000 sq. ft. Route 22 shopping center, Marcus & Millichap says

The developer of a five-year-old shopping center in Union Township has sold the Route 22 property, under a deal arranged by Marcus & Millichap.

Health Care & Education
Bell Works welcomes new two-story, 20,000 sq. ft. Fitness Factory location

A growing fitness chain has opened its doors at the Bell Works campus in Holmdel, bringing a new offering to the property for both tenants and the broader community.

Retail
Martial arts studio inks 1,900 sq. ft. lease at Denville retail center

A martial arts center has taken 1,900 square feet at a Denville shopping center, in a newly announced transaction by Lee & Associates New Jersey.