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
Restaurant picks North Plainfield for first N.J. location, NAI Hanson says

A restaurant chain is making its entrance to New Jersey with the opening of a new location in North Plainfield, following a lease negotiated by NAI James E. Hanson.

Finance & Capital Markets
From bankers to Blackstone, Rutgers conference goes inside the minds of institutional investors

Commercial real estate in New Jersey remains a major draw for institutional investors, from regional banks to life insurance companies to the global private equity giant Blackstone. Executives from each of those institutions said as much on Tuesday during a conference hosted by the Rutgers Business School, offering a look at their investment strategy in both the Garden State and beyond.

People
Veteran retail broker returns to NAI Hanson

A longtime retail property executive has rejoined NAI James E. Hanson as a sales associate in its Parsippany office, the commercial real estate services firm said.

Residential & Mixed Use
Colliers: Retail leasing continues at mixed-use Montclair project

An indoor cycling operator has leased nearly 2,500 square feet at a new mixed-use property in downtown Montclair, making it the latest retail tenant to sign on with developer LCOR.

Retail
Weiss Realty brokers sale of Newark retail building

A nearly 12,000-square-foot retail property in Newark is under new ownership following a sale arranged by Weiss Realty.

Retail
NAIOP panel highlights the rise of experiential retail, opportunities for new investment

For all the talk about the decline of brick-and-mortar retail, a panel of experts said Tuesday that the asset class is anything but an endangered species in commercial real estate. It is simply one that is changing.

Professional Services
Hosey, a former talent agent, now leading Marcus & Millichap’s growth in New Jersey

Brian Hosey has risen through the ranks of Marcus & Millichap and was hired in 2014 as the regional manager for its northern New Jersey office, where he now oversees a growing sales team of about 40 for the nation’s largest investment real estate brokerage firm for private clients.

Retail
Transwestern: Carpet, flooring business is latest tenant at Teaneck building

A carpet and flooring store has doubled its footprint and relocated to a Teaneck commercial building, in a 2,000-square-foot deal brokered by Transwestern.

Retail
Passaic County retail building trades for $2.3 million

A private investor has paid $2.3 million for a nearly 8,000-square-foot retail property in Pompton Lakes, brokerage firm Marcus & Millichap said Monday.

Retail
Morris County shopping center developer touts new openings, leases with national tenants

A planned 107,000-square-foot retail center at a redevelopment site in Cedar Knolls is nearly 80 percent leased, with a mix of national and regional tenants set to occupy the space.