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
Hampshire-backed REIT adds grocery-anchored retail centers in Philadelphia, Richmond

A real estate investment trust with ties to The Hampshire Cos. has purchased retail centers in Pennsylvania and Virginia, marking its first deals after an initial public offering.

Retail
Toys R Us comes to American Dream, in first U.S. flagship store under new ownership

The new owner of the iconic Toys R Us brand has opened its first U.S. flagship store inside American Dream, the sprawling retail and entertainment complex in East Rutherford.

Top News
Developer names national leasing director for 400-acre ‘Riverton’ project in Sayreville

The developer seeking to build a $2.5 billion, mixed-use destination at a long-dormant site in Sayreville has tapped a veteran real estate executive to lead its leasing efforts at the site.

Professional Services
Colliers touts new hires for New Jersey leasing, investment sales teams

Colliers has named Charles Calvert as a managing director in its fast-growing Princeton office, the real estate services firm announced Tuesday.

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.