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.

Top News
EDA reboots grant program to help municipalities rescue stranded malls, office parks

The state Economic Development Authority has relaunched a funding program aimed at helping suburban communities repurpose underutilized retail or office park properties.

Retail
CBRE: Gourmet food, wine market opens 8,600 sq. ft. Paramus store

A new upscale food and wine market has opened its doors in Paramus, where it has leased more than 8,600 square feet under a transaction arranged by CBRE.

Professional Services
WCRE adds business development adviser

Wolf Commercial Real Estate has announced the hiring of a new business development adviser to help bring the firm’s services to new clients.

Retail
Advance touts seven new retail openings at redeveloped Roxbury retail center

Advance Realty Investors has welcomed seven new retailers at a 450,000-square-foot, open-air center at the site of a former mall along Route 10 in Roxbury.

Retail
LMC inks four renewals with Dollar Tree at New Jersey, Pennsylvania centers

Levin Management Corp. has completed four lease renewals with Dollar Tree, accounting for more than 40,000 square feet of activity in New Jersey and Pennsylvania.

Office
CPN inks sale of 6,400 sq. ft. office, retail building in Pennington

An office and retail building in Mercer County has changed hands for $650,000, in a newly announced transaction by Commercial Property Network Inc.

Retail
Vegan restaurant opens 2,200 sq. ft. Princeton location

A vegan restaurant has opened its doors in downtown Princeton, following a transaction arranged by Mercer Oak Realty.

Retail
Goldstein Group announces flurry of new retail property sales

A local congregation has acquired a 23,000-square-foot former strip center property in Middlesex County, in the largest of several new deals by The Goldstein Group.

Retail
Marcus inks $3 million sale of net-leased auto parts store on Route 22

A private investor has purchased a net-leased auto parts store in Somerset County for more than $3 million, under a newly announced transaction by Marcus & Millichap.

Retail
Fast-casual chicken finger chain seeks N.J. locations, picks R.J. Brunelli as agent

A fast-growing restaurant chain specializing in chicken fingers is seeking locations in New Jersey and New York, having tapped R.J. Brunelli & Co. as its agent in the market.