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
Weiss Realty inks new leases, extensions at Edison commercial center

Weiss Realty is touting the completion of nearly 8,000 square feet of leasing activity at an Edison commercial center, including two new leases and two extensions.

Retail
Laundry service joins roster at Brick shopping center

A drop-off laundry service business has signed a long-term lease at a Brick shopping center, in a newly announced transaction by Vantage Commercial.

Retail
Kumon takes 1,400 sq. ft. in Hamilton, Lee & Associates New Jersey says

Kumon North America is set to expand its presence in Mercer County after completing a nearly 1,400-square-foot lease in Hamilton, according to Lee & Associates New Jersey.

Retail
Marcus inks $1.6 million ground lease sale for AutoZone property

A private investor has sold an AutoZone ground lease in south central Pennsylvania, in a newly completed deal by Marcus & Millichap’s New Jersey office.

Government & Public Policy
Denholtz acquires 26-acre Fort Monmouth parcel, plans $60 million redevelopment

An affiliate of Denholtz Properties has closed on 26 acres at Fort Monmouth, where it’s planning nearly 270,000 square feet of high-end commercial, technology and food and beverage space.

Health Care & Education
Eye doctor takes 1,500 sq. ft. at office, medical complex in Branchburg

An ophthalmology practice is coming to a Branchburg office complex after signing a 1,504-square-foot lease with Larken Associates.

Retail
Vantage Commercial: Cherry Hill restaurant building sold, slated to become retail

A former restaurant and catering hall building in Cherry Hill has changed hands, following a transaction arranged by Vantage Commercial.

Finance & Capital Markets
Spencer names senior vice president, director of market growth and development

Spencer Savings Bank has named a new senior vice president, who will spearhead efforts to lead and execute strategic growth strategies.

Residential & Mixed Use
Prism on track for spring completion at Woodbridge rental project

Prism Capital Partners is eyeing a spring delivery for more than 230 new apartments in downtown Woodbridge, as it nears a construction milestone for the mixed-use project.

Retail
Mount Olive shopping center trades for $6 million, Marcus says

A private investor has acquired a shopping center in Mount Olive for $6 million, under a newly announced transaction by Marcus & Millichap.