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
Investment firm buys ShopRite-anchored retail center in Millville

An investment firm has expanded its portfolio in the region with the purchase of a 393,000-square-foot, grocery-anchored shopping center along Route 47 in Millville.

Finance & Capital Markets
G.S. Wilcox inks $7.5 million loan for Long Island retail center owner

The longtime owner of a 45,000-square-foot shopping center on Long Island has secured $7.5 million in financing, in a newly announced transaction by G.S. Wilcox & Co.

Retail
R.J. Brunelli inks retail property sales in East Brunswick, East Orange

A developer has acquired the 25,000-square-foot home of a Jersey Strong health club in East Brunswick, in one of two newly announced property sales by R.J. Brunelli & Co. LLC.

Retail
Soccer store signs five-year extension at Green Brook location, Boniakowski says

A sporting goods store has extended its lease along Route 22 in Green Brook, in one of two newly announced deals by the Boniakowski Commercial Real Estate Group.

Retail
Prism: Retail, health care tenants ink leases at Edison Village project in West Orange

Three new retail tenants are coming to Edison Village, the recently opened, mixed-use property at the site of a historic Thomas Edison factory complex in West Orange.

Professional Services
CBRE adds Ozturk, Gatto to tristate investment sales team

CBRE has announced two key hires for its top investment sales team in the region, as it looks to expand its foothold in the multifamily sector and other asset classes.

Retail
Fitness, training center expanding to 14,000 sq. ft. in Hamilton, R.J. Brunelli says

A fitness and personal training facility has signed a lease to expand its footprint in Hamilton, in one of several newly announced deals by R.J. Brunelli & Co. LLC.

Retail
Plasma center takes 11,000 sq. ft. at Edison retail center, Goldstein Group says

A plasma donation center is backfilling a former Rite Aid store in Edison, in the largest of several new leases announced by The Goldstein Group.

Retail
LMC: Optimum store leases 1,100 sq. ft. at Bridgewater shopping center

A new Optimum retail store is coming to a 219,000-square-foot shopping center in Bridgewater, according to a leasing team with Levin Management Corp.

Retail
Marcus inks sale of 17,000 sq. ft. retail center in Hazlet

Marcus & Millichap has negotiated the sale of Union Avenue Plaza, a Quick Check-anchored retail center in Hazlet.