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.

Government & Public Policy
Fulop expects nimble approach to development in Jersey City, with major projects still to come

Jersey City is still in the earliest stages of its well-chronicled renaissance, the city’s mayor said Thursday, while projecting a nimble approach to development in the face of economic headwinds and a continued focus on lesser-known neighborhoods outside the downtown.

Retail
CVS property in Bridgewater trades for $11 million, in deal with California-based buyer

CBRE has negotiated the sale of a 14,688-square-foot, single-tenant CVS property in Bridgewater to California-based Heritage San Leandro LP for $10.9 million.

Retail
Urban Edge retail center in Watchung fully leased after new 23,000 sq. ft. deal with Aldi

Urban Edge Properties has signed Aldi to a long-term commitment for more than 23,000 square feet at Greenbrook Commons in Watchung, completing the center’s lease-up.

Retail
New 30,000 sq. ft. retail center in Butler trades for $24 million, Marcus & Millichap says

A private investor has purchased a newly built retail center in Morris County for nearly $24 million, in a transaction arranged by Marcus & Millichap.

Retail
Dave’s Hot Chicken coming to New Jersey with new lease in Wayne

A fast casual chicken brand has found its first New Jersey location after a franchisee’s newly completed lease in Wayne.

Retail
LMC: Mattress Warehouse takes 7,000 sq. ft. for first Middlesex County store

Mattress Warehouse has leased 7,000 square feet at a busy Route 1 shopping center in North Brunswick, under a newly announced deal by Levin Management Corp.

Retail
Buyer of Ridgewood property plans new retail, office space, Lee & Associates N.J. says

A family-owned real estate firm has acquired a 3,200-square-foot building in downtown Ridgewood, with plans to repurpose the site to create new retail and office space.

Retail
Café opens at new 629-unit luxury apartment complex in Jersey City

A new coffee shop has opened its doors at the base of a new 629-unit apartment building in Jersey City’s fast-growing West Side neighborhood.

Retail
Pierson touts flurry of retail deals amid strong demand for neighborhood, community centers

Pierson Commercial has reported strong leasing activity across a range of retail properties, from a highway shopping center in Hazlet to a new-look transit hub in downtown Newark.

Roundtable
What were some key takeaways from last month’s ICSC convention in Las Vegas?

What were some key takeaways from last month’s ICSC convention in Las Vegas? We assembled a panel of industry experts to tackle this month’s question.