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
Bakery, pastry shop signs lease at Camden County shopping center

The owner of a Camden County shopping center is adding its first new tenant during the coronavirus crisis, having signed a lease with a specialty bakery and pastry shop.

Retail
Dollar Tree takes 12,000 sq. ft. at Springfield retail center, Jeffery says

Dollar Tree has added another location in New Jersey with the signing of a roughly 12,000-square-foot lease at a Springfield shopping center.

Retail
Hoboken childcare center adds sixth location, leases 14,000 sq. ft. at 7 Seventy House

A childcare center is taking more than 14,000 square feet at the base of a new luxury apartment building in Hoboken, brokers with Cushman & Wakefield announced Tuesday.

Retail
Marcus closes $1.7 million sale of Dunkin’ property

An investor has sold a net-leased Dunkin’ Donuts property in northern Connecticut for $1.7 million, in a transaction arranged by Marcus & Millichap’s New Jersey office.

Retail
Larken, Haitian restaurant sign 1,300 sq. ft. lease in Hillsborough

Larken Associates has added a new tenant to a commercial center in Hillsborough, inking a roughly 1,300-square-foot lease with a family-owned Haitian restaurant.

Retail
Construction underway on third phase of Randolph retail, medical office project

Vita & Vita Realty Corp. has started construction on the latest piece of what will be nearly 52,000 square feet of retail and medical office space in Morris County.

Retail
Lidl opens 28,000 sq. ft. grocery store in North Brunswick, LMC says

German discount grocery chain Lidl has added to its footprint in New Jersey with the debut of a new 28,000-square-foot store in North Brunswick.

Professional Services
Premier announces two promotions in New Jersey office

Premier Design + Build Group has promoted two construction professionals in its New Jersey-based regional office.

People
Larken Associates adds senior project manager, director of construction accounting

Larken Associates has expanded its in-house construction team with the addition of two veteran industry professionals.

Finance & Capital Markets
Black Bear inks $5.6 million refi for Burlington medical, retail center

The owner of a medical office and retail complex in Burlington County has refinanced for $5.6 million, in one of several newly announced transactions by Black Bear Capital Partners.