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.

Deals
Basking Ridge office leases among latest Chilmark deals in northern, central New Jersey

The owner of a nearly 116,000-square-foot office campus in Somerset County has inked four leases as part of a string of recent transactions by Chilmark Real Estate Services.

Retail
Stretching, athletic recovery facility takes 1,400 sq. ft. in Bridgewater, BRC says

A health and wellness concept is expanding with a newly signed lease at a Bridgewater shopping center, brokers with Bussel Realty Corp. announced Wednesday.

Residential & Mixed Use
The Silverman way: Developer’s latest project in Jersey City follows decades of engagement with residents, commercial tenants to help build Hamilton Park ‘ecosystem’

A new apartment building with commercial and coworking space is SILVERMAN’s latest addition to Jersey City’s Hamilton Park district, where it has spent four decades as a developer and investor with a highly visible, hands-on style and high level of engagement that has created an ecosystem where many residents live and work.

Retail
JRM completes buildout of high-end TimeVallée watch boutique at American Dream (SLIDESHOW)

Luxury watch retailer TimeVallée has opened a new store at American Dream in East Rutherford, its first North American location, after a buildout by JRM Construction Management.

Retail
Bojangles opens on Piscataway’s Stelton Road after Goldstein Group transaction

Restaurant chain Bojangles has opened along a major commercial corridor in Piscataway as part of a previously announced deal brokered by The Goldstein Group.

Top News
Paterson’s Art Factory, long eyed for adaptive reuse potential, back on the market for sale after acquisition by Procida

The historic Art Factory complex in Paterson is on the market for sale, as investors and city officials seek a buyer to help achieve a long-awaited redevelopment plan for the site.

Retail
Ziabee Home Furnishing opens in North Brunswick for first U.S. location, LMC says

A furniture and home décor chain has unveiled its first United States location with a newly opened store in North Brunswick, according to a leasing team with Levin Management Corp.

Retail
PREIT adding 120,000 sq. ft. DICK’S House of Sport to Cherry Hill Mall

A new DICK’S House of Sport is coming to the Cherry Hill Mall, marking a key addition to the evolving tenant roster at the PREIT-owned property.

Retail
Net-leased daycare center property in Parsippany sells for $4.3 million, Marcus says

A private investor has purchased the site of a net-leased daycare center in Parsippany for $4.3 million, brokers with Marcus & Millichap announced last week.

Professional Services
LMC hires Oliver, seasoned real estate accounting executive, as CFO

Levin Management Corp. has appointed Jeanette Oliver as chief financial officer, adding another highly accomplished and experienced professional to its executive team.