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
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.

Roundtable
What challenges do New Jersey’s cities and downtowns face coming out of the pandemic?

What challenges do New Jersey’s cities and downtowns face coming out of the pandemic? We assembled a panel of industry experts to tackle this month’s question.

Residential & Mixed Use
Marcus inks $8.8 million sale of Burlington retail center

A private investor has purchased a nearly 10,000-square-foot retail property in Burlington for $8.8 million, brokers with Marcus & Millichap announced Thursday.

Professional Services
LMC promotes longtime team member to portfolio manager

Levin Management Corp. has announced the promotion of a longtime member of its property management team.

Finance & Capital Markets
Kennedy Funding inks $3.5 million loan for mixed-use project in San Antonio

Kennedy Funding has closed a nearly $3.5 million land loan to the developer of a large mixed-use project in downtown San Antonio.

Retail
R.J. Brunelli: Franchisee brings cookie chain to New Jersey, eyes additional sites

A cookie delivery and takeout chain is preparing to open its first store in New Jersey, as a franchisee seeks additional locations in the central and southern parts of the state.

Retail
Accordia adds three tenants, completes lease-up of new-look retail space

Accordia Realty Ventures has signed three new retail leases at a property in Bergen County, bringing it to full occupancy after an extensive renovation in recent years.

Retail
Newly opened Shops at Ledgewood Commons shows potential of ‘de-malling’ done right

Developers say the future of retail is now on display in Roxbury, where Advance Realty Investors has transformed an aging, enclosed mall into a 450,000-square-foot, open-air destination with centralized parking and a new Walmart Supercenter as its anchor.