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
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.

Retail
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.

Retail
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.

Retail
Lee & Associates inks 1,500 sq. ft. restaurant lease in Midland Park

An Asian fusion restaurant is taking more than 1,500 square feet at a Midland Park strip center, under a newly announced transaction by Lee & Associates.

Retail
Columbia takes 2,500 sq. ft. in Bergen County, Goldstein Group says

Columbia Bank has relocated an existing branch to a shopping center in Fair Lawn, where it is leasing nearly 2,500 square feet.

Retail
LMC: Restaurant, nail salon lease 10,000 sq. ft. at Jersey City shopping center

A growing restaurant chain and a nail salon are joining a Jersey City shopping center, having leased a combined 10,000 square feet at the 95,000-square-foot complex.

Retail
Bridal salon takes 5,700 sq. ft. at Rochelle Park retail center, C&W says

A bridal salon has leased nearly 6,000 square feet at a retail property in Rochelle Park, brokers with Cushman & Wakefield said, bringing the newly developed asset to full occupancy.

Retail
Weight loss clinic leases 2,400 sq. ft. at Marlboro shopping center

A weight loss clinic is taking nearly 2,400 square feet at a newly renovated shopping center in Monmouth County, under a transaction announced by Basser Kaufman.

Retail
Big-box furniture, flooring stores join IKEA center in Elizabeth, CBRE says

Two new big-box retailers have joined the well-known IKEA-anchored retail complex along the New Jersey Turnpike, occupying a combined 248,000 square feet at the Elizabeth property.

Residential & Mixed Use
Joint venture launches second phase of Bayonne project with new retail, 651 rentals

Developers have broken ground on the next phase of a mixed-use project in Bayonne, where they are planning more than 650 apartments and some 90,000 square feet of additional retail space.