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.

Residential & Mixed Use
Marcus inks $8.8 million sale of Burlington retail center

A private investor has purchased a nearly 10,000-square-foot retail property in Burlington for $8.8 million, brokers with Marcus & Millichap announced Thursday.

Professional Services
LMC promotes longtime team member to portfolio manager

Levin Management Corp. has announced the promotion of a longtime member of its property management team.

Finance & Capital Markets
Kennedy Funding inks $3.5 million loan for mixed-use project in San Antonio

Kennedy Funding has closed a nearly $3.5 million land loan to the developer of a large mixed-use project in downtown San Antonio.

Retail
R.J. Brunelli: Franchisee brings cookie chain to New Jersey, eyes additional sites

A cookie delivery and takeout chain is preparing to open its first store in New Jersey, as a franchisee seeks additional locations in the central and southern parts of the state.

Retail
Accordia adds three tenants, completes lease-up of new-look retail space

Accordia Realty Ventures has signed three new retail leases at a property in Bergen County, bringing it to full occupancy after an extensive renovation in recent years.

Retail
Newly opened Shops at Ledgewood Commons shows potential of ‘de-malling’ done right

Developers say the future of retail is now on display in Roxbury, where Advance Realty Investors has transformed an aging, enclosed mall into a 450,000-square-foot, open-air destination with centralized parking and a new Walmart Supercenter as its anchor.

Retail
Experiential dining chain with bocce, bowling coming to Garden State Plaza in Paramus

A fast-growing concept that combines Italian and American cuisine with bowling, bocce and banquet space is coming to Paramus’ iconic Westfield Garden State Plaza.

Retail
Steak burger, custard chain eyes New Jersey debut with soon-to-open store in Linden

A fast casual restaurant chain has picked Linden for its first New Jersey location, with plans to open a 3,200-square-foot store along the city’s main highway retail corridor.

Retail
LMC: Wingstop franchisee takes 1,400 sq. ft. for latest New Jersey location

A chicken wing franchise is set to join the roster at a Union City retail center, following a newly completed lease announced by Levin Management Corp.

Residential & Mixed Use
NJPAC details plans for $150 million expansion, transformation of Newark campus (SLIDESHOW)

A long-awaited plan to expand the New Jersey Performing Arts Center campus in Newark — with new residential, commercial and cultural space — is slated to break ground next year.