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.

Professional Services
CBRE adds Ozturk, Gatto to tristate investment sales team

CBRE has announced two key hires for its top investment sales team in the region, as it looks to expand its foothold in the multifamily sector and other asset classes.

Retail
Fitness, training center expanding to 14,000 sq. ft. in Hamilton, R.J. Brunelli says

A fitness and personal training facility has signed a lease to expand its footprint in Hamilton, in one of several newly announced deals by R.J. Brunelli & Co. LLC.

Retail
Plasma center takes 11,000 sq. ft. at Edison retail center, Goldstein Group says

A plasma donation center is backfilling a former Rite Aid store in Edison, in the largest of several new leases announced by The Goldstein Group.

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.