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
Clifton approves zoning for ‘limited’ retail uses at Prism’s ON3 campus

Prism Capital Partners has secured another key entitlement for its ON3 campus, allowing it to bring uses such as restaurants and small shops to the Clifton portion of the property.

Finance & Capital Markets
NAI DiLeo-Bram: Northern, central New Jersey investment sales bounce back in first half

Investment sales in a five-county swath of New Jersey rebounded in the first half of 2021, thanks to major deals in the industrial and office sectors and incremental growth in retail transactions.

Retail
Goldstein Group inks sales of retail sites in Paramus, Eatontown

Columbia Bank has shed a nearly 1,800-square-foot former bank branch in Paramus, according to a brokerage team with The Goldstein Group.

Retail
Barber shop leases 1,800 sq. ft. in Cherry Hill, Vantage Commercial says

A men’s barbershop is joining the tenant roster at a Cherry Hill retail center, in a transaction arranged by brokers with Vantage Commercial.

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.