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
Zoltek: Fitness chain leases 8,000 sq. ft. in Irvington

A regional fitness chain is set to open its seventh club location in the state, following an 8,000-square-foot lease in Irvington arranged by Zoltek Realty.

Finance & Capital Markets
G.S. Wilcox brokers $25.2 million loan for Lowe’s project in N.Y.

G.S. Wilcox & Co. has arranged more than $25 million in financing for the development of a future Lowe’s Home Improvement warehouse in New York’s Westchester County.

Office
Prism announces management, operations team at ON3 campus

Prism Capital Partners has assembled a team to oversee its new ON3 campus in Nutley and Clifton, including three former Hoffmann-La Roche employees who worked at the site for a combined 90 years.

Retail
Ministry leases 8,900 sq. ft. at historic East Orange building

A church organization has leased nearly 9,000 square feet at a historic complex in East Orange, according to brokerage firm Sheldon Gross Realty.

Retail
CBRE: Secaucus retail center sells for $43 million

The owner of a shopping center in Secaucus has sold the complex for $43 million, marking the second sale in four months of a retail property in the town’s Harmon Meadow section.

Retail
High-end Eastern European supermarket opens first N.J. location

A gourmet Eastern European grocery store based in Brooklyn has unveiled its first location in New Jersey, a 30,000-square-foot space in Paramus.

Retail
7-Eleven commits to new store in Denville, Zoltek says

A new 7-Eleven store will take over the former site of an auto repair shop in Denville, following a lease arranged by Zoltek Realty.

Retail
Bagel, fruit bowl shops lease space at Aberdeen train station project

Two food operators are coming to a new mixed-use development near the Aberdeen train station, following recent leases brokered by Pierson Commercial.

Residential & Mixed Use
Denholtz, a leader in value-add commercial projects, also returning to residential

Now in its 65th year in business, Denholtz Associates has continued its longtime focus on value-add office and industrial projects. But it’s also marking a return to its roots, with a pipeline that includes new residential construction for the first time in decades.

Events
CREW NJ inducts new president, board of directors (SLIDESHOW)

A new slate of leaders have taken the reins at Commercial Real Estate Women of New Jersey, the state’s top association for connecting and advancing professional women across the industry.