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
JDA Group acquires Starbucks, Bank of America property in Fort Lee

A developer and investment firm has acquired the site of a Starbucks and bank kiosk property in Fort Lee, marking an expansion into the Bergen County retail sector.

Retail
Kushner taps Pierson as retail leasing agent at Pier Village in Long Branch

Kushner Cos. has named Pierson Commercial as its retail leasing agent at Pier Village, the popular mixed-use, oceanfront development in Long Branch.

Professional Services
BRC adds two vice presidents to launch retail division

Bussel Realty Corp. is expanding into retail brokerage, having added two vice presidents to spearhead the new division.

Professional Services
Sordoni announces promotion of longtime team member to project executive

Sordoni Construction Co. has named a new project executive after promoting a veteran member of its team.

Retail
Goodwill leases 20,000 sq. ft. in Hamilton amid growing demand, Vantage Commercial says

A new Goodwill Industries store is coming to a highly trafficked shopping center in Hamilton, under a lease arranged by Vantage Commercial.

Retail
Southern-style barbecue concept picks Bell Works for second location

Another restaurant is expanding into Bell Works, joining a growing roster of eateries and retailers at the 2 million-square-foot mixed-use complex in Holmdel.

Retail
Goldstein Group details early education provider’s lease at Middletown retail site

An early education provider has leased 10,000 square feet at a former restaurant site in Monmouth County, in a transaction announced by The Goldstein Group.

Retail
Maple Shade retail building sold for first time in 40 years

The longtime owner of a freestanding retail building in Burlington County has sold the property, under a newly announced transaction by Vantage Commercial.

Retail
LMC: Dining tenants remain active, serve as bright spot for retail leasing

Restaurants have remained especially active among retail tenants, fueling nearly two dozen leases since the start of the pandemic at properties served by Levin Management Corp.

Government & Public Policy
Experts say ‘stranded’ office, retail sites can thrive as new-look community hubs

Experts say the way to revive outdated, underutilized commercial properties in New Jersey is to make the sites an essential part of their communities. That can mean increasing the amount of public green space or adding mixed-use elements, among other options aimed at redeveloping so-called stranded assets.