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
Mediterranean restaurant adds fourth location with new lease in Somerville, Deluccia says

A restaurant operator is expanding to downtown Somerville, where it’s leasing 6,300 square feet by way of a deal arranged by Deluccia Commercial Group.

Top News
Prism lands approvals for long-awaited housing phase at ON3, among other major projects

Prism Capital Partners has secured three key approvals for its flagship ON3 campus in Clifton and Nutley, paving the way for new phases including a long-awaited residential component with nearly 1,100 multifamily units, along with a major research and development facility.

Retail
LMC: Five Below takes 10,000 sq. ft. in latest deal at new-look Blue Star Shopping Center

Five Below has leased 10,000 square feet at Blue Star Shopping Center in Watchung, bringing another tenant to the newly updated property on Route 22.

Retail
Planned Parenthood of Metropolitan New Jersey takes 6,000 sq. ft. in Passaic retail deal

A new Planned Parenthood is opening in Passaic as part of a 6,000-square-foot lease at a sprawling commercial property, according to a brokerage team with CBRE.

Retail
FNRP adds 41,000 sq. ft. retail center in Gloucester Township

First National Realty Partners has acquired a nearly 41,000-square-foot shopping center in suburban Camden County, the Red Bank-based firm announced this week.

Retail
Electric vehicle dealer takes 6,900 sq. ft. on Route 10 in East Hanover, CBRE says

An auto dealership focused on luxury electric vehicles has leased nearly 6,900 square feet of highway retail space in East Hanover, in a newly announced deal by CBRE.

Retail
French, Scandinavian crepe eatery leases 1,900 sq. ft. at Middlesex retail center, CBRE says

A crepe restaurant has taken nearly 1,900 square feet at a grocery-anchored shopping center in Middlesex Borough, in a newly announced deal by CBRE.

Residential & Mixed Use
Construction begins on $400 million, 670-unit rental project in Jersey City’s SoHo West

The Albanese Organization, BXP and CrossHarbor Capital Partners have broken ground on a 670-unit multifamily project in Jersey City’s fast-growing SoHo West neighborhood.

Food & Beverage
Keepers restaurant opens in Harrison, bringing all-day dining destination to Riverbend District

Principals of Advance Realty Investors and Episcope Hospitality joined Harrison Mayor James Fife, town officials and community leaders on June 17 to mark the grand opening of Keepers, a new all-day restaurant located at the base of The Wyldes apartment…

Residential & Mixed Use
NAI Hanson: Hackensack portfolio with eight apartments, two retail units sold for $1.8 million

A private investor has acquired two mixed-use buildings in downtown Hackensack for a combined $1.8 million, in a newly announced deal by NAI James E. Hanson.