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.

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.

Retail
Bridgewater retail property trades for $4.7 million, Marcus says

A buyer has paid nearly $4.7 million for a multitenant retail property in Bridgewater, in a newly announced transaction by Marcus & Millichap.

Retail
Midtown Commercial inks $1.4 million sale of Randolph shopping center

A neighborhood shopping center in Morris County has changed hands for $1.4 million, under a deal arranged by Midtown Commercial Realty.

Retail
Home goods store leasing 13,000 sq. ft. to backfill ex-Rite Aid in Union City

Lee & Associates NYC has represented Everyday Savings, a home goods department store, in a 12,976-square-foot sublease in Union City.

Retail
Prism, UPS Store ink 1,100 sq. ft. lease at new Woodbridge rental property

The UPS Store is coming to the base of a luxury apartment complex in downtown Woodbridge, marking the second retailer at the newly completed property by Prism Capital Partners.

Retail
Silbert to lead retail leasing for Sanzari medical arts building in Hackensack

Alfred Sanzari Enterprises has tapped Silbert Realty & Management Co. as its retail leasing agent for a prominent, 85,000-square-foot medical office property in Hackensack.

Retail
Marcus: Monmouth retail center trades for $4.2 million

An investor has sold a nearly 23,000-square-foot retail center in Monmouth County, brokers with Marcus & Millichap announced Monday.

Retail
Goldstein Group inks seven new retail property sales in northern, central New Jersey

The former home of a baby furniture store in Morris County has changed hands, in one of several newly announced deals by The Goldstein Group.

Retail
Developers kick off Morris Twp. project with 140,000 sq. ft. retail center, community space

A joint venture has started construction on a new retail center and community space in Morris Township, part of a plan to redevelop a 64-acre former Colgate-Palmolive campus.