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
Education, automotive tenants take 16,000 sq. ft. at Monmouth retail project

A soon-to-be redeveloped retail property in Middletown has lured two new tenants, under a set of newly announced transactions by The Goldstein Group.

Retail
NKF: Pizza operator coming to new-look Journal Square office building

A pizza concept is joining the retail mix at an office building in Jersey City, whose owner has committed more than $10 million to reposition and upgrade the nine-story property.

Residential & Mixed Use
Russo details 86,000 sq. ft. amenity package at sprawling Union rental project (SLIDESHOW)

Russo Development has taken the wraps off more than 80,000 square feet of amenity space at its new 415-unit luxury residential project in Union.

Retail
Ex-Dressbarn site in Paramus fetches $2.2 million, CBRE says

The site of a former Dressbarn store in Paramus has changed hands for more than $2 million, following a transaction arranged by brokers with CBRE.

Retail
LMC: Food, beauty tenants lease 5,600 sq. ft. at Delran shopping center

Two food and beverage tenants and a beauty operator have leased a combined 5,600 square feet in Delran, joining the roster at a 215,000-square-foot shopping center off Route 130.

People
Denholtz names new COO, promotes finance executive in key leadership moves

Denholtz Properties has hired a veteran broker and development executive as its new chief operating officer, in one of two new changes to its leadership team.

Retail
Sherwin Williams inks 4,700 sq. ft. retail lease in Gloucester Co.

Sherwin Williams has expanded into a Gloucester County shopping center, where it is leasing nearly 5,000 square feet as part of a deal by Vantage Real Estate Services.

Retail
JLL: Mount Laurel retail center with gym, grocery store trades for $18 million

An investment firm has acquired a nearly 130,000-square-foot shopping center in Mount Laurel, under a newly announced transaction by brokers with JLL.

Retail
Hoboken: Café chain opens new shop at Bijou apartment building

A coffee shop has expanded its footprint in Hoboken, debuting a new location on the ground floor of a recently delivered, luxury apartment building by Bijou Properties.

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Real Estate NJ’s 2020 Market Forecast

A new year is upon us, bringing new opportunities and new uncertainty for New Jersey’s commercial real estate market. To make sense of it all, we recruited some of the industry’s most influential professionals, developers and thought leaders to share their predictions for the year ahead. You can find those insights and more in our special 2020 Market Forecast.