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.

Professional Services
LMC adds new leasing rep for growing retail portfolio

Levin Management Corp. has bolstered its regional leasing team with the addition of a longtime brokerage professional.

Retail
JLL inks sale of grocery-anchored center in Upstate New York

An investment firm has acquired a grocery-anchored retail center in Upstate New York, in a transaction arranged by JLL’s New Jersey capital markets group.

Retail
R.J. Brunelli seeking second tenant for ex-Sears building in Monmouth County

The owner of a 775,000-square-foot power center in Monmouth County has tapped R.J. Brunelli & Co. to help it backfill part of a former Sears building.

Finance & Capital Markets
Meridian touts $277 million refi for apartment, retail portfolio in Morris and Camden counties

A multifamily and retail owner has refinanced four New Jersey properties for more than $275 million, in a series of recent transactions by Meridian Capital Group.

Retail
Trader Joe’s opens at new March Associates shopping center in Wayne

A new Trader Joe’s has opened its doors in Wayne, anchoring a long-awaited, 50,150-square-foot shopping center developed by March Associates Construction.

Retail
Three new tenants join Burlington retail center, leasing a combined 57,000 sq. ft.

The owner of a Burlington shopping center is touting the addition of three new national tenants, following a recent renovation of the nearly 400,000-square-foot property.

Retail
Goldstein Group: Appliance store opens 4,700 sq. ft. space at Paramus strip center

An appliance store has opened its doors at a Paramus strip center, joining two other tenants to bring the 13,000-square-foot property to full occupancy.

Retail
Vietnamese restaurant coming to Haddon Heights strip center, Vantage RES says

The owner of an 11,000-square-foot shopping center in Camden County has inked a lease with a Vietnamese restaurant, bringing the property to full occupancy.

Finance & Capital Markets
Kennedy Funding lends $3 million for Florida hospitality, entertainment project

A developer has acquired more than 100 acres along Florida’s Gulf Coast thanks to a newly completed, $3 million loan provided by Kennedy Funding.

People
Larken names new director of finance

Larken Associates has hired a veteran accounting manager as its new director of finance.