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
LMC: Optimum store leases 1,100 sq. ft. at Bridgewater shopping center

A new Optimum retail store is coming to a 219,000-square-foot shopping center in Bridgewater, according to a leasing team with Levin Management Corp.

Retail
Marcus inks sale of 17,000 sq. ft. retail center in Hazlet

Marcus & Millichap has negotiated the sale of Union Avenue Plaza, a Quick Check-anchored retail center in Hazlet.

Retail
LMC: Fast-casual seafood chain takes 2,000 sq. ft. at Jersey City shopping center

Snap Back by Hook & Reel — a fast-casual version of the Hook & Reel Cajun Seafood and Bar concept — has leased about 2,000 square feet at a Jersey City shopping center.

Government & Public Policy
Operator, public officials break ground on new 55,000 sq. ft. supermarket in Atlantic City

A new full-service supermarket is coming to Atlantic City — its first in more than 15 years — under a public-private effort that will help eliminate one of New Jersey’s food deserts.

Residential & Mixed Use
NAI DiLeo-Bram: New apartments coming to Plainfield building after $1.25 million sale

An investment group is set to build a dozen new apartments inside an existing commercial building in Plainfield, following a sale arranged by NAI DiLeo-Bram & Co.

People
JDA Group executive promoted to vice president

Commercial real estate firm JDA Group LLC has announced a promotion on its team as it looks ahead to a high-profile development project and other growth opportunities.

Retail
Marcus inks sale of net-leased 7-Eleven property on Route 22

The site of a net-leased 7-Eleven store in North Plainfield has changed hands for nearly $1.7 million, according to a brokerage team with Marcus & Millichap.

Retail
Bridgewater retail property trades for $4.7 million, Marcus says

A buyer has paid nearly $4.7 million for a multitenant retail property in Bridgewater, in a newly announced transaction by Marcus & Millichap.

Retail
Midtown Commercial inks $1.4 million sale of Randolph shopping center

A neighborhood shopping center in Morris County has changed hands for $1.4 million, under a deal arranged by Midtown Commercial Realty.

Retail
Home goods store leasing 13,000 sq. ft. to backfill ex-Rite Aid in Union City

Lee & Associates NYC has represented Everyday Savings, a home goods department store, in a 12,976-square-foot sublease in Union City.