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
Heidenberg-led JV acquires grocery-anchored center at Paramus Park Mall for $38 million

An investment group has acquired a more than 181,000-square-foot retail asset alongside the Paramus Park Mall and near the crossroads of Route 17 and the Garden State Parkway.

Residential & Mixed Use
JLL: Russo, KRE close on Bergen Town Center parcel for 426-unit apartment project

Urban Edge Properties has completed its sale of a parcel at Bergen Town Center in Paramus, paving the way for a new 426-unit multifamily project by Russo Development and KRE Group.

Retail
Office space at The Park nearly full, as Connell taps leasing agent for campus’ retail space

The Connell Co. has named a leasing team for the growing retail component at The Park, its flagship campus in Berkeley Heights, having all but leased up the property’s 1.5 million square feet of office space.

Retail
Goldstein Group: Strand Salon Studios takes 4,200 sq. ft. at Hoboken’s Hudson Tea building

A salon studio chain has expanded to Hoboken with a newly completed lease for more than 4,200 square feet, brokers with The Goldstein Group announced Monday.

Food & Beverage
Private buyer acquires West Caldwell’s Brook Tap House, KenKap says

A restaurant property in West Caldwell has changed hands for an undisclosed price, in a newly announced transaction by KenKap Realty Corp.

Retail
Cushman touts sales of six bank branches in northern, central N.J. in deals totaling $5.7 million

Six vacant bank branches in New Jersey have changed hands after a series of deals totaling more than $5.7 million, brokers with Cushman & Wakefield announced Friday.

Retail
Boot Barn leases 14,000 sq. ft. in Bridgewater for first Somerset County location, LMC says

Boot Barn has found its first location in Somerset County after taking space at a Bridgewater retail property, according to a leasing team with Levin Management Corp.

Retail
Infrared sauna workouts coming to Bridgewater strip center with 1,600 sq. ft. lease, BRC says

A specialty fitness business has leased more than 1,600 square feet of highway retail space in Bridgewater, brokers with Bussel Realty Corp. announced Monday.

Retail
Galloway shopping center fills 2,700 sq. ft. with two new leases, Vantage Commercial says

Two new tenants are coming to an Atlantic County retail center after a pair of leases totaling more than 2,700 square feet, brokers with Vantage Commercial announced Thursday.

Deals
Basking Ridge office leases among latest Chilmark deals in northern, central New Jersey

The owner of a nearly 116,000-square-foot office campus in Somerset County has inked four leases as part of a string of recent transactions by Chilmark Real Estate Services.