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
Agus, Treeco buy ShopRite-anchored retail center in South Plainfield for $40 million

A joint venture has acquired a nearly 220,000-square-foot shopping center in South Plainfield for $40 million, brokers with JLL announced Thursday.

Retail
Toastique set to open in Morristown with husband and wife team at the helm

The gourmet toast, juice and coffee bar concept known as Toastique is coming to Morristown, where a team of franchisees will open a new downtown location in just over a week.

Retail
Specialty grocer in Hammonton snags new downtown location, Vantage Commercial says

A specialty grocery store has found a new location in Atlantic County after leasing space in downtown Hammonton, in a deal arranged by Vantage Commercial.

Residential & Mixed Use
JLL: Buyer wanted for Edgewater property with 62 apartments, Whole Foods-anchored retail

An upscale retail and residential property in Edgewater is on the market for sale, boasting a tenant roster that’s anchored by Whole Foods and 64 market-rate apartments.

Retail
Kislak: Flemington strip center sells for first time in 30+ years, fetching $2.3 million

A longtime owner has sold a nearly 10,000-square-foot strip center in Flemington for $2.25 million, in a deal arranged by Kislak Commercial Real Estate Services Inc.

Retail
Bennett Realty touts momentum at midyear after series of restaurant, retail deals in first half

Nearly a dozen restaurants, medical practices and other retail users are expanding in the region amid a flurry of newly announced leases by Bennett Realty & Development.

Retail
Albanese joins RIPCO as managing director focused on pad site sales, development

RIPCO Real Estate has made another key hire in the region, tapping industry veteran Jeffrey Albanese as a managing director in its Elmwood Park office.

Office
Jersey Shore office, retail properties trade in deals totaling $5.4 million, CBRE says

The owners of some 15,000 square feet of office and retail space in southern New Jersey have sold the two-property portfolio for a combined $5.35 million, brokers with CBRE announced.

Retail
KRH: Hackensack-based buyer adds 42,000 sq. ft. Passaic retail center

The site of a 42,000-square-foot retail center in Passaic has changed hands for $5.5 million, in a newly announced deal by KRH Realty LLC.

Retail
WCRE: ‘Rage room’ business leases 3,200 sq. ft. at Camden County retail center

A so-called rage room is coming to Camden County after taking 3,200 square feet of retail space on a major thoroughfare, according to a broker with Wolf Commercial Real Estate.