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.

Government & Public Policy
Murphy gives towns option to extend May property tax deadline

Municipalities in New Jersey may now extend by one month the grace period for quarterly property tax payments that are due on May 1, Gov. Phil Murphy announced Tuesday.

Retail
R.J. Brunelli: Jersey Strong, Dollar Tree expanding in central and south Jersey

A fitness chain has leased more than 25,000 square feet at a Mercer County retail center, in the largest of several newly announced deals by R.J. Brunelli & Co. LLC.

Retail
T-Mobile inks four new locations in North Jersey, Goldstein Group says

T-Mobile has leased more than 6,600 square feet across four new locations in northern New Jersey, under a series of newly completed deals by The Goldstein Group.

Residential & Mixed Use
Meal delivery business opening first retail location at Jersey City rental tower

A prepared meal delivery service is opening its first retail location, taking space at a new Jersey City apartment tower built by Kushner Real Estate Group and Ironstate Development Co.

Retail
Family business sells 3,600 sq. ft. retail building in Marlton

A fashion business has sold a distinctive retail building in the Marlton section of Evesham, under a newly announced transaction by Rose Commercial Real Estate.

Retail
Camden County retail property trades for $32 million, C&W says

A joint venture has acquired a 151,000-square-foot shopping center in Camden County, under a newly completed transaction by Cushman & Wakefield.

Industrial
Resource Realty touts $11.5 million in sales in northern, central New Jersey

A manufacturer has reaped $11.5 million from the sale of a 77,000-square-foot building in Union County, in the largest of several new deals by Resource Realty of Northern New Jersey.

Top News
Villanova students win top spot in annual NAIOP college case study competition

A team of Villanova University students took top honors for this year’s NAIOP New Jersey case study competition, offering a winning plan to repurpose a former silk mill in Paterson. 

Retail
Mahwah strip center sells for $10.6 million, Marcus says

A private investor has sold a fully leased shopping center in Mahwah for nearly $11 million, under a newly completed transaction by Marcus & Millichap.

Deals
Commercial portfolio in Camden changes hands, Vantage RES says

A local business owner has acquired a series of commercial properties in Camden, under a newly announced transaction by Vantage Real Estate Services.