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.

NAI Hanson closes sale of Wells Fargo lot in Hackensack

Wells Fargo has sold a quarter-acre lot near Hackensack’s rapidly growing downtown, in a newly completed transaction by NAI James E. Hanson.

Atlantic County retail center fetches $60 million

A real estate investment firm has landed in Atlantic County for its largest purchase of the year to date, acquiring a nearly 400,000-square-foot retail power center for $60 million.

Old Navy inks 12,500 sq. ft. lease at new Parsippany retail center

Old Navy has joined the roster at a newly built shopping center in Parsippany, where it will occupy 12,500 square feet alongside tenants such as Whole Foods Market and Shake Shack.

Ex-bank location changes hands in Jersey City Heights, NAI Hanson says

Wells Fargo has sold a two-story former branch location in the Jersey City Heights neighborhood, brokers with NAI James E. Hanson announced Wednesday.

C&W touts flurry of restaurant leases in North Jersey, metro New York

More than a dozen dining operators have combined to lease 37,000 square feet in and around northern New Jersey, in a series of deals arranged by Cushman & Wakefield.

Lee & Associates inks sale of bank ground lease, office building in Chatham

An investor has paid $4.1 million to acquire a TD Bank ground lease in downtown Chatham, in one of several newly completed transactions by Lee & Associates New Jersey.

NAI Mertz hires veteran business executive as sales associate

NAI Mertz has added a new broker to its Mount Laurel-based team, one who will focus on retail, medical and office space listings.

JLL: Investment group sells Burlington retail center for $25 million

A joint venture has reaped $25 million from the sale of a nearly 100,000-square-foot, grocery-anchored retail center in Burlington County, brokers with JLL said Wednesday.

Colliers named leasing agent of Atlantic County mall

An investment group has tapped Colliers International as its leasing agent at a 1 million-square-foot mall in Atlantic County, the real estate services firm announced Wednesday.

NorthMarq sources $900,000 loan for East Rutherford post office building

The owner of a nearly 4,000-square-foot retail property in East Rutherford has closed on $900,000 in financing, in a newly completed transaction by NorthMarq.