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
Urban Edge adds former Triple Five leasing executive to lead efforts at Paramus mall

Urban Edge Properties has named a new senior vice president of leasing as part of its plan to reposition a well-known mall in Bergen County and other pieces of its portfolio.

Retail
Pierson Commercial touts retail lease-up of historic building in downtown Montclair

A leasing team has filled the retail space at a 35,000-square-foot building in downtown Montclair, following efforts to update and reposition the historic property.

Finance & Capital Markets
JLL seeking buyer for ex-Sears store in Mercer County, touting redevelopment potential

The site of a vacant Sears building in Lawrence Township is on the market for sale, providing a redevelopment opportunity alongside a mall on Route 1.

Retail
Hackensack Meridian takes 46,000 sq. ft. for Monmouth outpatient center, Brunelli says

Hackensack Meridian Health has leased nearly 46,000 square feet at a Monmouth County retail center, in the largest of several newly announced deals by R.J. Brunelli & Co.

Top News
Jumani named Tulfra CEO in expanded leadership role with development firm

Tulfra Real Estate President Sonny Jumani is assuming the title of CEO, expanding his leadership role with the Rochelle Park-based development firm.

Top News
C&W: Developer wanted for 271-acre development site at Princeton Forrestal Center

Princeton University is seeking a buyer for more than 270 acres along Route 1, where local officials have approved a broad mix of commercial, research, hospitality and residential uses.

Roundtable
What challenges do New Jersey’s cities and downtowns face coming out of the pandemic?

What challenges do New Jersey’s cities and downtowns face coming out of the pandemic? We assembled a panel of industry experts to tackle this month’s question.

Residential & Mixed Use
Marcus inks $8.8 million sale of Burlington retail center

A private investor has purchased a nearly 10,000-square-foot retail property in Burlington for $8.8 million, brokers with Marcus & Millichap announced Thursday.

Professional Services
LMC promotes longtime team member to portfolio manager

Levin Management Corp. has announced the promotion of a longtime member of its property management team.

Finance & Capital Markets
Kennedy Funding inks $3.5 million loan for mixed-use project in San Antonio

Kennedy Funding has closed a nearly $3.5 million land loan to the developer of a large mixed-use project in downtown San Antonio.