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
Southern-style barbecue concept picks Bell Works for second location

Another restaurant is expanding into Bell Works, joining a growing roster of eateries and retailers at the 2 million-square-foot mixed-use complex in Holmdel.

Retail
Goldstein Group details early education provider’s lease at Middletown retail site

An early education provider has leased 10,000 square feet at a former restaurant site in Monmouth County, in a transaction announced by The Goldstein Group.

Retail
Maple Shade retail building sold for first time in 40 years

The longtime owner of a freestanding retail building in Burlington County has sold the property, under a newly announced transaction by Vantage Commercial.

Retail
LMC: Dining tenants remain active, serve as bright spot for retail leasing

Restaurants have remained especially active among retail tenants, fueling nearly two dozen leases since the start of the pandemic at properties served by Levin Management Corp.

Government & Public Policy
Experts say ‘stranded’ office, retail sites can thrive as new-look community hubs

Experts say the way to revive outdated, underutilized commercial properties in New Jersey is to make the sites an essential part of their communities. That can mean increasing the amount of public green space or adding mixed-use elements, among other options aimed at redeveloping so-called stranded assets.  

Retail
New operator coming to former Kings grocery store in Maplewood, Midtown says

A new grocery store is set to open inside a former Kings Food Markets location in Maplewood, following a transaction arranged by Midtown Commercial Realty.

Retail
Ripco: Fast casual chain seeking 30 new locations in north, central New Jersey

A growing restaurant chain is seeking 30 new locations in northern and central New Jersey, having tapped Ripco Real Estate to help spearhead its expansion.

Retail
Mixed-use bank property in Somerville trades for $3 million, Marcus says

An investor has paid $3 million for a corner bank property in downtown Somerville, under a newly announced transaction by Marcus & Millichap.

Retail
Net-leased child care center in Hillsborough fetches $3.8 million

An investor has purchased the site of a nearly 10,000-square-foot child care center in Somerset County, under a newly announced transaction by Marcus & Millichap.

Retail
JLL: Investor buys Newark retail property, would-be redevelopment site for $9 million

A private investor has acquired a retail property in downtown Newark, brokers with JLL announced, touting a potential redevelopment opportunity in a growing section of the city.