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
Mack-Cali pulls three nominees for board election, heeding shareholder input

Mack-Cali Realty Corp. has withdrawn three of its incumbent nominees for the company’s upcoming board election, citing shareholder feedback ahead of its June 10 annual meeting.

Retail
Net-leased bank property in Aberdeen fetches $2.2 million, Marcus says

A private investor has purchased a nearly 3,500-square-foot bank property in Monmouth County, under a newly announced transaction by Marcus & Millichap.

Retail
WCRE: Burlington retail center changes hands, slated for renovations

A developer has acquired a 15,600-square-foot retail property in Burlington, where plans call for a series of renovations and the build-out of a new Dollar General store.

Retail
Grocery-anchored retail center in Boonton sells for $12.5 million

A private buyer has acquired a nearly 52,000-square-foot retail center in Boonton, in a $12.5 million transaction by Cushman & Wakefield.

Retail
Middlesex County retail center fetches $2.2 million, Marcus says

A private investor has reaped more than $2 million from the sale of a 10,100-square-foot retail center in Cranbury, brokers with Marcus & Millichap announced Monday.

Retail
Aldi leases 21,000 sq. ft. in South Brunswick, Goldstein Group says

Aldi is adding to its growing stable of supermarkets in New Jersey, leasing more than 21,000 square feet at a South Brunswick shopping center.

Retail
Commercial driving school taps R.J. Brunnelli, eyes new locations in New Jersey

A commercial driving school has picked R.J. Brunelli & Co. to oversee its expansion in New Jersey, the retail brokerage firm announced Monday.

Retail
DiLeo-Bram inks sale of retail, office building in Roselle

An investor has acquired a nearly 8,000-square-foot retail and office property in Roselle Park, in a newly announced transaction by NAI DiLeo-Bram & Co.

Retail
AAMCO taps CBRE to spearhead expansion in New Jersey, other regions

The nation’s largest transmission repair chain has tapped CBRE to help it expand in New Jersey, New York and other key markets across the country.

Top News
Bell Works: Zucker recounts shutdown of iconic complex, eyes reopening after COVID crisis

The coronavirus crisis has upended Bell Works, one of New Jersey’s most complex and high-profile adaptive reuse projects in recent memory, as it was nearing the peak of its success. The developer behind the landmark project is now navigating this latest challenge.