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.

CBRE announces new investment sale brokers in New Jersey

CBRE has added to its team of investment sale brokers in New Jersey with three new hires.

NIA National Realty touts new leases at mixed-use Paramus building

A well-known, 40,000-square-foot building in Paramus is now fully leased after a series of recent office and retail transactions, executives with NIA National Realty announced.

Union City retail, apartment property trades for $1.8 million, Marcus says

A private investor has sold a 7,125-square-foot mixed-use building in Union City for nearly $1.8 million, brokers with Marcus & Millichap announced Tuesday.

Liquor license bill remains a balancing act despite support from developers, municipalities

While liquor license reform has broad support from the state’s commercial real estate sector, municipalities and many top business groups, it faces opposition from liquor store owners and large restaurant groups that already hold licenses. Others, who support the spirit of the bill, say it still needs to be tweaked when it comes to aspects such as the pricing of the new specialized licenses and the compensation structure for existing license holders.

LMC hires new senior leasing rep

Levin Management Corp. has added to its leasing team with one of its newest hires.

Three more tenants commit to Bell Works retail space

A bank, a dental network and a home goods boutique have leased space at Bell Works, making them the latest retail tenants to commit to the mixed-use, 2 million-square-foot campus in Holmdel.

Newmark celebrates 30 years in business, top performers

Newmark Associates had two reasons to celebrate late last month, when it marked its 30th anniversary while honoring team members during an annual awards luncheon.

United Way luncheon presents annual Impact Award, honors Hollister founder

A high-profile redevelopment project in Newark was honored Friday before a crowd of more than 500, winning an annual award from the United Way of Northern New Jersey.

SLIDESHOW: NAIOP New Jersey’s 31st commercial real estate awards

NAIOP New Jersey’s annual commercial real estate awards, the state’s largest industry event of the year, drew a sellout crowd of more than 800 to The Palace at Somerset Park on May 10.

Liquor license reform bill clears Assembly committee

A bill that would expand New Jersey’s pool of liquor licenses, widely seen as a potential catalyst for economic development, has taken a key step forward in the state Legislature.