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.

NKF, Katz ink 37,000 sq. ft. lease for PGA superstore in East Hanover

A new PGA Tour Superstore is coming to Morris County as part of a nearly 40,000-square-foot lease announced by Newmark Knight Frank and Katz & Associates.

Specialty grocer taking 12,000 sq. ft. on Route 10 in Parsippany, NAI Hanson says

An Indian grocery store operator has leased 12,000 square feet at a Parsippany retail building, brokers with NAI James E. Hanson announced Tuesday.

JLL inks $32 million refi for Hampshire-owned shopping center in Lyndhurst

The Hampshire Cos. has secured a $32 million loan to refinance a fully leased, grocery-anchored retail center in Lyndhurst, under a newly completed transaction by JLL.

Plainfield: Paramount breaks ground on 70-unit project near train station

Paramount Assets has launched construction for a project that will bring dozens of new luxury apartments and retail space to an area near one of Plainfield’s train stations.

National developer unveils 186,000 sq. ft. Walmart in Linden

A developer has opened the doors to a new Walmart Supercenter in Linden, the first piece of a planned 350,000-square-foot shopping center along Route 1 and 9.

Weichert Commercial names new senior vice president on brokerage team

Weichert Commercial Brokerage Inc. has bolstered its team with the addition of a veteran broker, one who specializes in gas stations and convenience store properties.

Dental practice takes 2,300 sq. ft. in Glen Rock, NAI Hanson says

A pediatric dental practice is leasing 2,300 square feet of retail space at a mixed-use building in Glen Rock, brokers with NAI James E. Hanson announced Wednesday.

Monmouth County retail center trades for $4.5 million

An investor has sold a Monmouth County retail property for nearly $4.5 million, under a newly announced transaction by Marcus & Millichap.

Flooring chain coming to ex-Kmart space in Toms River, takes 96,000 sq. ft.

A national flooring retailer has taken nearly 100,000 square feet at the site of a former Kmart store in Toms River, in a newly announced lease by Jeffery Realty.

Thrift store chain opens new 40,000 sq. ft. store in Union, LMC says

A thrift chain has opened the doors to a new store in Union, where it occupies 40,000 square feet along one of the town’s top retail corridors.