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
Remco inks $1 million sale of Eatontown retail property

A Florida-based investment group has purchased an 8,000-square-foot retail property in Eatontown for $1 million, in a newly completed transaction by Remco Realty.

Finance & Capital Markets
Spencer inks $19 million loan for North Brunswick furniture store, strip center

Spencer Savings Bank has closed on a $19 million loan for a major furniture store in North Brunswick, touting its second large commercial real estate transaction in recent months.

Retail
Weiss Realty: Physical therapy practice takes 1,600 sq. ft. in Edison

A physical therapy practice is expanding its vast footprint in New Jersey with a recent 1,600-square-foot lease at an Edison shopping center.

Retail
Furniture chain takes 13,000 sq. ft. in Lawrence Twp., Goldstein Group says

A furniture retailer has leased more than 13,000 square feet in Mercer County, under a newly completed transaction by The Goldstein Group.

Retail
NIA: Fitness chains expand into Paramus, Elmwood Park

Two growing fitness chains have added locations in Bergen County, following leases arranged by NIA National Realty.

Health Care & Education
JLL: Atlantic Health adds 92,000 sq. ft. ‘health pavilion’ in Rockaway for $26 million

Atlantic Health System has acquired a 92,326-square-foot property in Rockaway for nearly $26 million, becoming an owner-occupier at a site that already houses many of its medical services.

Retail
Wine lounge inks 2,600 sq. ft. lease at Maple Shade shopping center

A high-end wine lounge is taking 2,600 square feet at a Burlington County shopping center, under a newly completed transaction by Vantage Real Estate Services.

Retail
Advance lands $72.5 million loan for mall redevelopment in Morris County

Advance Realty Investors has obtained a $72.5 million construction loan that will pave the way for it to transform an aging mall in western Morris County, Cushman & Wakefield announced.

Retail
Mixed-use town center taking shape at master-planned site in Burlington County

A new town center is taking shape in Burlington County, serving as the focal point of more than 1,000 homes within a master-planned, 500-acre development that is two decades in the making.

Retail
JLL touts seven new retail leases in New Jersey

A well-known fur retailer is leasing 6,000 square feet in Flemington, in one of several newly announced transactions by JLL.