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
Somerville retail property trades for $2.3 million, Marcus says

A private investor has sold a 13,000-square-foot retail property in downtown Somerville, according to brokers with Marcus & Millichap who arranged the deal.

Retail
LMC: Filipino grocer takes 16,000 sq. ft. in Clifton

A Filipino grocer is expanding in northern New Jersey with a new 16,000-square-foot lease in Clifton, in a transaction announced by Levin Management Corp.

Retail
LMC: Fruit bowl chain joins Flemington shopping center

A fruit bowl and smoothie chain has leased nearly 2,400 square feet at a Flemington shopping center, brokers with Levin Management Corp. said this week.

Retail
RKF marketing retail space at new Jersey City apartment complex

Kushner Real Estate Group has hired RKF to market the retail space at its newest development in Jersey City.

Residential & Mixed Use
Kislak touts $67.2 million in South Jersey sales

Nearly 1,000 apartments have changed hands in southern New Jersey after a series of recent transactions by The Kislak Co. Inc.

Health Care & Education
NAI Hanson: Medical chain expands into Newark

A health care provider is bringing its brand of urban medical clinics to New Jersey, choosing a recently opened development in Newark for its first location in the state.

Roundtable
Beyond retail and industrial, how has e-commerce impacted commercial real estate?

Beyond retail and industrial, how has e-commerce impacted commercial real estate? We assembled a panel of industry experts to tackle this month’s question.

Residential & Mixed Use
Jersey City portfolio owner refinances for $7.23 million, Progress says

Progress Capital Advisors has secured more than $7 million for a client to refinance a four-building multifamily and retail portfolio in Jersey City, the firm announced.

Retail
Edison shopping center is latest assignment for LMC

Levin Management Corp. has expanded its retail property portfolio with the addition of a fully leased, 189,000-square-foot shopping center in Edison.

Retail
Health system inks 5,400 sq. ft. lease in Totowa

One of the state’s largest hospital systems has leased a new retail location in Totowa, in a transaction announced by The Goldstein Group.