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
Wharton Realty buys 517,000 sq. ft. power center in Gloucester County

An Eatontown-based firm has acquired a nearly 520,000-square-foot retail center in the Gloucester County township of Deptford, in a transaction arranged by JLL.

Industrial
Marcus Partners adds light industrial, movie theater properties in Morris County

Investment firm Marcus Partners has acquired four commercial properties in East Hanover, adding nearly 155,000 square feet to its New Jersey portfolio.

Retail
North Bergen mixed-use property sold for $740,000

A personal trust has sold a 2,400-square-foot mixed-use property in Hudson County for $740,000, according to a brokerage team with Marcus & Millichap.

Retail
Vantage Commercial: Bar, lounge owner buys Pennsauken property for new location

A bar and lounge owner is eyeing a new location after its purchase of a restaurant property in Pennsuaken, brokers with Vantage Commercial announced Thursday.

Professional Services
LMC names new COO, CFO as key executive prepares to retire

Levin Management Corp. has announced two promotions to help fill the role of a longtime top executive who will retire this summer.

Retail
Marcus: Net-leased Bank of America property in Clifton trades for $3.8 million

Marcus & Millichap has negotiated the sale of a 4,450-square-foot, net-leased Bank of America property in Clifton, the brokerage firm announced Tuesday.

Deals
Newmark inks deals with financial services firms, retail users in downtown Summit

Three retail tenants and two office users have signed leases in downtown Summit, in a series of newly announced transactions by Newmark Associates.

Retail
Rose Commercial inks $1.45 million sale of 8,000 sq. ft. strip center in Blackwood

Rose Commercial Real Estate has negotiated the $1.45 million sale of an 8,000-square-foot retail strip center in the Blackwood section of Gloucester Township.

Retail
Azarian, Primo Hoagies sign lease for 2,000 sq. ft. end cap space in Allendale

Azarian Realty Co. has leased the 2,008-square-foot end cap at Allendale Town Center, a 90,000-square-foot shopping center in Bergen County, to Primo Hoagies.

Retail
REIT acquires Old Bridge site for new 355,000 sq. ft. retail center, Goldstein Group says

The Brunetti Organization has sold more than 30 acres along Route 9 in Old Bridge, where plans call for building a new 355,000-square-foot retail center anchored by ShopRite and Target.