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.

Deals
Education tenants add locations in Paramus, Fairview

A landlord in Bergen County has signed two leases with education tenants for a combined 6,500 square feet, under a pair of deals announced by Lee & Associates New Jersey.

Retail
Grocery-anchored center in Denville trades for $23 million, C&W says

An investment firm has acquired a grocery-anchored shopping center in Denville for more than $20 million, under a newly announced sale by Cushman & Wakefield.

Sponsored Content
JMF Properties brings major retail tenants to NJ

JMF Properties, one of New Jersey’s leaders in residential and commercial redevelopment, has emerged from 2019 with a growing roster of brand-name retail and hospitality tenants.

Top News
LeFrak, Simon donate $100,000 to children of Jersey City shooting victims

Two of the biggest names in Jersey City real estate have teamed to help the families impacted by the December mass shooting in the city, which claimed the lives of four victims.

Retail
Goldstein Group: Bank, falafel chain join Rutherford retail center

A bank and a falafel chain have leased a combined 4,120 square feet at a Rutherford shopping center, brokers with The Goldstein Group announced Monday.

Finance & Capital Markets
JLL sources $17.5 million loan for mixed-use Red Bank project

Denholtz Properties has secured more than $17 million in financing to develop 57 luxury apartments and retail space in Red Bank, brokers with JLL announced Thursday.

People
Investment sales broker rejoins Colliers’ New Jersey team

An investment sales broker has rejoined Colliers International, where he will focus on business development and transactions throughout New Jersey and the tristate region.

Retail
Cabinet maker acquires Camden County retail property, Vantage RES says

A cabinetry business has acquired a 3,150-square-foot retail building in Camden County, under a newly announced transaction by Vantage Real Estate Services.

Sponsored Content
Morristown’s transformation set to continue with new office, residential projects

Morristown has become one of New Jersey’s premier transit-oriented areas situated within a unique urban/suburban setting. Morristown’s 24/7 vibrant downtown is defined by its walkable and rapidly growing retail and residential developments. The heart of the commercial corridor surrounds the Morristown Green, a two-and-a-half-acre park that is bordered by upscale housing, office towers along with many restaurants and shopping options, attracting a high concentration of millennials.

Finance & Capital Markets
REIT acquires Hoboken retail, rental portfolio, reportedly for $203 million

A joint venture has acquired a 39-building, mixed-use portfolio in Hoboken, brokers with Newmark Knight Frank announced, in a deal reportedly valued at more than $200 million.