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.

Professional Services
Lee & Associates expands, adds Morris County-based broker

Lee & Associates has added a veteran broker to its New Jersey team, with an eye toward gaining a greater foothold in Morris and Essex counties.

Retail
Portuguese-inspired barbecue concept opens Ewing location, LMC says

A new barbecue restaurant has opened its doors at a Mercer County shopping center, where it has leased 2,700 square feet under a deal brokered by Levin Management Corp.

Retail
C&W inks 6,300 sq. ft. restaurant lease in Nutley

A northern New Jersey restaurant is relocating to Nutley as part of a recently announced, 6,300-square-foot lease completed by Cushman & Wakefield.

Retail
Investor sells 14,500 sq. ft. retail property in Vineland, WCRE says

A nearly 15,000-square-foot retail property in Vineland has changed hands, following a transaction arranged by brokers with Wolf Commercial Real Estate.

Retail
R.J. Brunelli touts leases in Ocean, Passaic counties among latest deals

Dollar Tree has leased nearly 10,500 square feet in Ocean County at what will be one of its newest locations in New Jersey, brokers with R.J. Brunelli & Co. LLC announced.

Retail
New eateries coming to South Jersey mixed-use development by Atkins, Woodmont

A café and an Italian restaurant have committed to new locations in Gloucester County, the latest additions to a sprawling mixed-use development by Atkins Cos. and Woodmont Properties.

Cover Story
Russo Development is bullish on Kearny — and the ability to tap an underserved market

Russo Development has delivered more than 500 apartments in Kearny since mid-2018, with hundreds more in its pipeline, seeing an opportunity in a town that is minutes from downtown Newark and the ability to capture renters who are priced out of neighboring submarkets.

Retail
Coffee, halal chains coming to Ironside Newark as first retail tenants

Edison Properties has landed the first two retail tenants at its Ironside Newark project, luring a café operator and an international halal food chain to the adaptive reuse project.

Retail
Four new retailers opening at Bell Works

Four new retailers are planning to open stores at Bell Works, the sprawling mixed-use destination created by Somerset Development at the former Bell Laboratories in Holmdel.

Finance & Capital Markets
JLL details equity, debt package for 267-unit Elizabeth project

The firms behind a high-profile redevelopment project in Elizabeth have landed more than $20 million in equity alongside a $55 million construction loan, under a set of transactions by JLL.