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
L+M, Urby detail 250-unit project at historic Newark property

A development team has unveiled plans to renovate and expand an 18-story tower in downtown Newark, under a $91 million project that will create 250 apartments and commercial space.

Retail
Fast casual chain becomes fourth retailer at Ironside Newark, leases 1,800 sq. ft.

A growing restaurant chain is coming to downtown Newark, having signed a lease at the 456,000-square-foot commercial and retail building known as Ironside Newark.

Retail
Rose Commercial: Developer completes assemblage in Cherry Hill, plans new CVS store

A developer has acquired two acres in Cherry Hill, where construction is underway for a new CVS store along one of the township’s main thoroughfares.

Retail
Developers, city officials hail Starbucks’ arrival in Bayonne

A new Starbucks has opened its doors at a growing retail center in Bayonne, in what local officials say is another sign of the city’s resurgence as a residential destination.

Office
Kislak touts $11.5 million in Monmouth County investment sales

A private investor has paid $6.2 million for a Red Bank office building, in the largest of four newly announced transactions by The Kislak Co. Inc.

Retail
Weiss Realty inks new leases, extensions at Edison commercial center

Weiss Realty is touting the completion of nearly 8,000 square feet of leasing activity at an Edison commercial center, including two new leases and two extensions.

Retail
Laundry service joins roster at Brick shopping center

A drop-off laundry service business has signed a long-term lease at a Brick shopping center, in a newly announced transaction by Vantage Commercial.

Retail
Kumon takes 1,400 sq. ft. in Hamilton, Lee & Associates New Jersey says

Kumon North America is set to expand its presence in Mercer County after completing a nearly 1,400-square-foot lease in Hamilton, according to Lee & Associates New Jersey.

Retail
Marcus inks $1.6 million ground lease sale for AutoZone property

A private investor has sold an AutoZone ground lease in south central Pennsylvania, in a newly completed deal by Marcus & Millichap’s New Jersey office.

Government & Public Policy
Denholtz acquires 26-acre Fort Monmouth parcel, plans $60 million redevelopment

An affiliate of Denholtz Properties has closed on 26 acres at Fort Monmouth, where it’s planning nearly 270,000 square feet of high-end commercial, technology and food and beverage space.