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
Buyer wanted for 153,000 sq. ft. retail center in Paramus, JLL says

A fully leased, two-story retail center in Paramus is on the market for sale, with the potential to command a price of nearly $50 million.

Office
SJP, Scotto top out first of two buildings at M Station project in Morristown

The first phase of a new high-end office and retail development in downtown Morristown is on track to open later this year after recently reaching a construction milestone.

Retail
Marcus: Mixed-use Morristown property sells for $1.6 million

A private investor has sold a mixed-use property in Morristown for more than $1.5 million, according to a brokerage team with Marcus & Millichap.

Retail
Larken inks 1,100 sq. ft. lease with longtime restaurant tenant in Springfield

A restaurant is staying in place in Union County after a change in ownership, having signed a new lease for nearly 1,100 square feet with Larken Associates.

Retail
C&W touts 126,000 sq. ft. in retail, restaurant leases in New Jersey region

A beauty salon co-working business has added more than 54,000 square feet in New Jersey across five new locations, in a series of deals announced by Cushman & Wakefield.

Retail
Silbert named leasing agent at Sanzari-owned retail center in Hackensack

Alfred Sanzari Enterprises has tapped Silbert Realty & Management Co. as its leasing agent at a grocery-anchored shopping center in Hackensack.

Professional Services
Lee & Associates New Jersey adds brokerage, marketing team from Transwestern

A seven-member team previously with Transwestern has joined Lee & Associates New Jersey, helping to bolster the firm’s growing footprint in the Garden State.

Retail
Investors buy Atlantic County retail, industrial building, Vantage Commercial says

An investment group has acquired a 12,000-square-foot commercial building in southern Atlantic County, under a newly announced transaction by Vantage Commercial.

Finance & Capital Markets
Spencer Savings Bank promotes veteran executive, retail division leader

Spencer Savings Bank has promoted a veteran banker who leads its retail division.

Finance & Capital Markets
NorthMarq inks $16 million loan for Princeton apartment, retail properties

The owner of two mixed-use buildings in downtown Princeton has refinanced for more than $16 million, in a newly announced transaction by NorthMarq.