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
Marcus completes sale of net-leased retail property in Orlando

An investor has paid more than $4 million to purchase a net-leased Walgreens property in Orlando, in a transaction arranged by Marcus & Millichap’s New Jersey office.

Finance & Capital Markets
Investors Bank touts $90 million in New Jersey loans among recent CRE activity

Investors Bank has closed nearly a dozen commercial real estate loans valued at $227 million in recent months, including more than $90 million in transactions for its New Jersey clients.

Professional Services
R.J. Brunelli broker, son of company founder, named principal

A third member of the Brunelli family has joined the ownership ranks at R.J. Brunelli & Co., the Old Bridge-based retail real estate brokerage firm.

Top News
A look at NAIOP New Jersey’s Deal of the Year finalists

Nine of the state’s most impactful development projects will take center stage Wednesday night as NAIOP New Jersey hosts its annual commercial real estate awards gala.

Industrial
Kislak inks new leases totaling 52,000 sq. ft. in northern, central New Jersey

An automotive detailer and storage business has leased 10,000 square feet at a Flemington warehouse, in the largest of several newly announced deals by The Kislak Co. Inc.

Retail
Gift, fashion boutique among newest tenants at Atlantic County strip center

Two additional tenants are coming to a Galloway Township shopping center, marking the latest transactions at the property by brokers with Vantage Real Estates Services.

Retail
American Dream announces reopening, debut of retail offerings

The American Dream complex in East Rutherford will reopen Oct. 1, nearly six months after the coronavirus crisis dealt yet another setback to the massive retail and entertainment venue.

Retail
Sherwin-Williams debuts 4,700 sq. ft. store in Gloucester County, Jeffery Realty says

Sherwin-Williams has opened the doors to a new store in Gloucester County, following a transaction arranged by brokers with Jeffery Realty.

Retail
Bed Bath & Beyond names new senior vice president of real estate, construction

Bed Bath & Beyond Inc. has hired a veteran retail and real estate executive to spearhead a newly announced plan to streamline its portfolio of stores, logistics centers and office space.

Office
GAIA, Englewood Health ink 53,000 sq. ft. lease for medical hub in Journal Square

A health system is taking more than 50,000 square feet at a Jersey City office building, where it’s planning a new multispecialty location to serve the growing Journal Square neighborhood.