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
Martial arts franchise expands, takes 2,800 sq. ft. in Bergen County, NAI Hanson says

A martial arts chain has leased nearly 2,800 square feet of retail space at a mixed-use building in Bergen County, according to a brokerage team with NAI James E. Hanson.

Government & Public Policy
ACDEVCO, stakeholders secure $680,000 award for Atlantic City neighborhood plan

Business leaders have secured nearly $700,000 in state funding for Atlantic City’s Chelsea neighborhood, supporting everything from streetscape improvements to outdoor fitness classes.

Retail
Bayoh opens new IHOP at mixed-use project in downtown Newark

A developer and restaurateur joined local officials last week to open a new IHOP in Newark, part of a mixed-use project that will also bring 84 apartments to the downtown.

Retail
Ice cream parlor opens in Hillsborough, inking lease with Larken Associates

Larken Associates has welcomed a new ice cream shop to a five-building retail, medical and office complex.

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.