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
Local restaurant moving to JMF rental building in downtown Maplewood

A popular restaurant in Maplewood is relocating within the township after leasing 4,500 square feet at the base of a recently completed apartment building.

Retail
Vantage Commercial: New restaurant coming to Marlton shopping center

A local restaurateur has signed a lease at a Burlington County shopping center, in a newly completed transaction by Vantage Commercial.

Finance & Capital Markets
CBRE institutional properties team inks 23 deals for $1.5 billion in 2020

The CBRE team behind a host of high-profile investment sales in the region closed 23 transactions in 2020, the firm announced, touting a combined value of more than $1.5 billion.

Retail
R.J. Brunelli: Family Dollar inks 12,000 sq. ft. lease in Bergen County

Family Dollar is taking nearly 12,000 square feet at a Bergen County shopping center, where it will take over a space currently occupied by a sister chain.

Retail
Grocer signs new 24,500 sq. ft. lease at Jersey City shopping center, LMC says

A local grocery chain has signed a new 24,500-square-foot lease at a Jersey City shopping center, under a newly completed transaction by Levin Management Corp.

Retail
NAI Hanson: E-scooter company eyes first showroom, signs retail lease in Budd Lake

An online seller of electric bikes, scooters and motorcycles is opening its first showroom after signing a lease at a Morris County retail building, according to NAI James E Hanson.

Professional Spotlight
MSW names new counsel in commercial real estate, finance groups

Murphy Schiller & Wilkes LLP has added a veteran attorney to its growing commercial real estate and finance practice groups, the Newark-based firm announced.

Office
Investors Bank sells, leases back Robbinsville building in $20 million deal, C&W says

Investors Bank has sold and leased back its well-known office and retail building in Robbinsville, under a newly announced transaction by Cushman & Wakefield.

Office
Two new tenants coming to historic Jersey City office, retail building

Two new tenants have taken space at a historic commercial building in Jersey City, under a set of newly completed leases by Grid Real Estate.

People
Sommer joins Kushner Cos. as executive VP for development, construction

A veteran development executive has joined Kushner Cos., bolstering its team as the firm continues to grow its pipeline in the region and throughout the East Coast.