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
Father and son thriving together as part of JLL capital markets team in New Jersey

JLL’s New Jersey-based capital markets team includes a rare father-son combination among commercial real estate brokers, part of an office that remains a leader in the state and has only expanded its reach over the past year.

Retail
Tenant takes 1,200 sq. ft. in Dumont for fireplace showroom, NAI Hanson says

A mixed-use property in Dumont will be the new home of a fireplace showroom, following a lease arranged by brokers with NAI James E. Hanson.

Office
Sanzari signs 32,000 sq. ft. in office, retail renewals in Bergen County

An insurance agency has renewed its nearly 15,000-square-foot lease in Hasbrouck Heights, in the largest of several newly announced deals by Alfred Sanzari Enterprises.

Retail
Burlington opens 47,000 sq. ft. store at Secaucus’ Harmon Meadow

Burlington Stores has opened its doors at a Secaucus shopping center, where it has backfilled the onetime home of a Sports Authority.

Retail
Azarian inks 7,500 sq. ft. in new leases at Bergen, Essex county retail properties

The Azarian Group has signed four new retail leases in New Jersey, while touting a series of recent openings by five other tenants within its portfolio.

Deals
Mixed-use parcel near Rowan University sold, slated for redevelopment

The site of a former catering hall in Glassboro is now slated for redevelopment after a sale arranged by brokers with Vantage Commercial.

Retail
Development team, local leaders unveil new CVS Pharmacy in Plainfield

A development team led by CHA Partners joined local officials recently to unveil a new CVS Pharmacy in Plainfield.

Retail
Burlington restaurant, liquor license trade for $900,000, Rose Commercial says

A restaurant building and liquor license in Burlington County have changed hands for a combined $900,000, in a newly announced transaction by Rose Commercial Real Estate.

Residential & Mixed Use
KRE Group unveils next phase of landmark project, as momentum builds in historic Jersey City neighborhood

Kushner Real Estate Group and National Real Estate Advisors have opened the second of three towers at their Journal Squared project in Jersey City, having leased more than 50 percent of its 704 luxury apartments amid the ongoing revival of a historic neighborhood.

Finance & Capital Markets
CBRE: North Jersey among top 20 markets for net-lease investors in office, retail

As the demand for net-lease properties inches back toward pre-pandemic levels, northern New Jersey remains a top 20 market for investors targeting the office and retail sectors.