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.

The Rundown
Bebe to close all stores, including 9 in N.J.

Women’s clothing chain Bebe will close all of its stores, including nine in New Jersey, making it the latest national retailer that’s slated to leave behind vacant spaces around the state and across the country.

Retail
Tucker unveils seven new retailers at Springfield Avenue project in Newark

The retail portion of Tucker Development’s major mixed-use project in Newark is now 85 percent leased after recent commitments from seven new retailers, the firm said Thursday.

Retail
New hire bolsters JLL retail team in New Jersey

JLL has continued the expansion of its retail brokerage team in New Jersey with the hiring of Eduardo Pena, an industry expert with more than 20 years of experience.

Government & Public Policy
Long overdue liquor license reform would drive economic development

Restaurants have proven to be desirable anchors for redevelopment projects and magnets for other businesses. However, with few liquor licenses available, smaller local establishments are having their chances of success diminished or are being shut out, thereby stifling competition, development and consumer choice.

The Rundown
Developers plan $35 million mixed-use project in Burlington City, report says

A joint venture is one step closer toward redeveloping a parking lot in Burlington City into 184 apartments and nearly 8,000 square feet of retail space along the Delaware River.

Retail
Marcus & Millichap brokers retail sale in Elizabeth

A private investor has acquired a 16,208-square-foot retail property in Elizabeth, in a $2.65 million deal brokered by Marcus & Millichap.

Retail
Goldstein Group touts more than 20K sq. ft. in recent retail leases

AT&T has leased nearly 8,000 square feet at a location on Route 22 in Watchung, one of several recent retail deals arranged by brokers with The Goldstein Group.

Retail
Five N.J. retail sites included in $325 million Urban Edge deal

Urban Edge Properties is acquiring seven retail centers totaling 1.5 million square feet as part of a $325 million acquisition, including assets in four heavily traveled New Jersey submarkets.

Retail
NAI Hanson brokers Morris County retail sale

A retail building along Route 10 in Morris County is under new ownership, following a recent investment sale brokered by NAI James E. Hanson.

Retail
Payless IDs N.J. stores slated for closure

Payless Shoe Source will close seven stores in New Jersey amid some 400 store closures nationwide, the latest in a wave of downsizing by some of the nation’s most recognizable retail brands.