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.

Finance & Capital Markets
Sparta ShopRite owner secures $12 million loan, G.S. Wilcox says

The owner of a new supermarket and liquor store at a Sparta shopping center has landed $12 million in financing, following a transaction arranged by G.S. Wilcox & Co.

Retail
Fitness club inks 49,000 sq. ft. lease in Voorhees

A fitness operator has leased nearly 50,000 square feet to become the new anchor of a Camden County shopping center, according to Soloff Realty & Development Inc.

Retail
Wells Fargo takes 3,600 sq. ft. in Newark, Goldstein Group says

Wells Fargo Bank has relocated an existing branch to the site of a former mattress store in Newark’s Ironbound section, The Goldstein Group announced Monday.

Retail
LMC: Nail spa takes 2,000 sq. ft. at Flemington retail center

A shopping center in Flemington has reached full occupancy with a recently signed, 2,000-square-foot lease with a nail salon and spa.

Finance & Capital Markets
JLL inks $17 million sale of Long Island shopping center

A team of Morristown-based brokers with JLL has completed the sale of a nearly 66,000-square-foot, grocery-anchored retail center on Long Island.

Retail
Three new tenants taking 58,000 sq. ft. at Burlington shopping center

National Realty & Development Corp. has signed leases with three new tenants for 58,690 square feet at Liberty Square Center, a 380,380-square-foot shopping center in Burlington.

Retail
Playa Bowls inks four new locations in northern, central New Jersey

A fast-growing acai bowl and healthy food chain has lined up four additional locations in New Jersey, under a series of transactions arranged by The Goldstein Group.

Retail
CBRE: Investor buys net-leased Lodi retail building for $53 million

An investor has acquired a 132,000-square-foot, triple-net-leased Home Depot property in Lodi for $53 million, under a newly completed transaction by CBRE.

Retail
Atkins, Woodmont ink first retail tenants at mixed-use Washington Twp. project

Atkins Cos. and Woodmont Properties have signed three leases at a new 10,000-square-foot standalone retail building at their Washington Square Town Center project.

Retail
Brewery slated to open at mixed-use Orange project, L+M says

A redevelopment near the Orange train station is set to welcome a craft brewery as its latest retail tenant, marking a milestone for a municipality with deep roots in the beer industry.