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
Azarian names new director of leasing, property management

A veteran retail real estate executive has joined The Azarian Group LLC as director of leasing and property management.

Office
Landlord eyes overhaul of historic 45,000 sq. ft. office building in Jersey City

The owner of a historic loft office building in Jersey City has unveiled plans to renovate the property, where it recently secured two new tenants for more than 13,000 square feet.

Retail
ShopRite-anchored center in Gloucester County changes hands, JLL says

An investor has purchased a grocery-anchored shopping center about five miles from Rowan University in Gloucester County, in a newly announced transaction by JLL.

Professional Spotlight
Giordano names new shareholder, chairs across real estate and land use teams

Giordano, Halleran & Ciesla has named a new shareholder and two new chairs within its team of real estate and land use attorneys.

Residential & Mixed Use
REIT eyes plan to reposition South Jersey mall with 1,100 apartments, hotel

The owner of a Burlington County mall is moving ahead with plans to transform the property with the addition of more than 1,000 apartments and a hotel.

Sponsored Content
Planting the Seed for A Greener New Jersey: The Intersection of Legal Cannabis and Real Estate in the Garden State (Part 1)

Most are undoubtedly aware that, in this past election, New Jersey voters overwhelmingly passed a ballot initiative to legalize the recreational use of cannabis for adults age 21 years or older. Due to our state’s geographic location and dense population, experts predict this marketplace will quickly become a multibillion-dollar industry. As we wait for the cannabis sector to spark up in New Jersey, now more than ever, those interested in joining the industry should evaluate what type of real estate space is best suited for this emerging industry, which will differ based on the type of cannabis license it seeks.

Retail
Local restaurant moving to JMF rental building in downtown Maplewood

A popular restaurant in Maplewood is relocating within the township after leasing 4,500 square feet at the base of a recently completed apartment building.

Retail
Vantage Commercial: New restaurant coming to Marlton shopping center

A local restaurateur has signed a lease at a Burlington County shopping center, in a newly completed transaction by Vantage Commercial.

Finance & Capital Markets
CBRE institutional properties team inks 23 deals for $1.5 billion in 2020

The CBRE team behind a host of high-profile investment sales in the region closed 23 transactions in 2020, the firm announced, touting a combined value of more than $1.5 billion.

Retail
R.J. Brunelli: Family Dollar inks 12,000 sq. ft. lease in Bergen County

Family Dollar is taking nearly 12,000 square feet at a Bergen County shopping center, where it will take over a space currently occupied by a sister chain.