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
Azarian touts new leases within central, northern N.J. portfolio

The Azarian Group LLC has leased more than 9,000 square feet at a high-end retail center in North Brunswick, part of what the firm says was a banner year across its portfolio.

Finance & Capital Markets
Progress Capital brokers $6.5 million loan for Toms River office, retail project

Plans for a 40,000-square-foot commercial project in Toms River are moving forward with the help of a $6.5 million construction loan arranged by Progress Capital Advisors.

Residential & Mixed Use
For Bijou, building neighborhoods is a top priority

Building neighborhoods has been a common thread as Bijou has made its mark on the lesser-known northern and western ends of Hoboken, not only with successful residential projects, but with new retail spaces that can draw foot traffic and activity beyond those who live in the area. In doing so, the firm has helped open new frontiers in its home city, which remains as popular as ever.

Retail
Marcus & Millichap touts banner year for northern New Jersey team

Brian Hosey By Joshua Burd Marcus & Millichap’s northern New Jersey office is trending upward, touting a year in which its total number of transactions grew by 44 percent. The brokerage said Thursday that its Saddle Brook-based team is one…

Retail
Dollar store set to backfill ex-pharmacy space in Middlesex Co.

A new Dollar General store is coming to a former Walgreens space in South Plainfield, under a 9,100-square-foot lease announced this week by Jeffery Realty.

Retail
NAI Hanson: CVS coming to vacant industrial site in Little Ferry

CVS Pharmacy has acquired a vacant warehouse in downtown Little Ferry, with plans to raze the building and develop a nearly 16,000-square-foot store in its place.

Retail
Pierson touts fruit bowl, Verizon leases in Middlesex County

A fruit bowl restaurant and a Verizon dealer are among the newest tenants for an area landlord in Middlesex County, following separate leases announced this week by Pierson Commercial.

Finance & Capital Markets
Investors Bank touts $2.7 billion in CRE loans in 2017

Multifamily projects in Morristown and Monroe are among the latest developments financed by Investors Bank, contributing to more than $2.5 billion in commercial real estate activity completed by the lender in 2017.

Retail
Weiss: Newark retail property trades for $1.3 million

A corner retail property in Newark is under new ownership and will soon have a new use, following a $1.3 million sale arranged by Weiss Realty and Pierson Commercial.

Residential & Mixed Use
New $80 million rental tower slated for downtown Newark (SLIDESHOW)

A developer has unveiled plans for an $80 million luxury apartment project in Newark, touting a 256-unit tower that will offer “resort-style living” in the heart of the city’s downtown.