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.

Finance & Capital Markets
Buyer wanted for 229,000 sq. ft. Route 9 retail complex, Marcus says

The developer of a new retail complex in Monmouth County is seeking a buyer for the property, where brokers are also touting the ability to build another 117,505 square feet.

Retail
LMC adds new leasing representative for New Jersey portfolio

Levin Management Corp. has bolstered its team of retail professionals with the addition of a new leasing representative.

Retail
Filipino grocer expands, opens new Clifton location

A growing Filipino grocery store has opened its new flagship location in Clifton, where it occupies 16,000 square feet within a busy Route 46 shopping center.

Retail
Habitat chapter inks 20,000 sq. ft. store location in Hamilton, Vantage RES says

A local Habitat for Humanity chapter has leased some 20,000 square feet for a new facility in Hamilton, under a newly announced transaction by Vantage Real Estate Services.

Finance & Capital Markets
Sparta ShopRite owner secures $12 million loan, G.S. Wilcox says

The owner of a new supermarket and liquor store at a Sparta shopping center has landed $12 million in financing, following a transaction arranged by G.S. Wilcox & Co.

Retail
Fitness club inks 49,000 sq. ft. lease in Voorhees

A fitness operator has leased nearly 50,000 square feet to become the new anchor of a Camden County shopping center, according to Soloff Realty & Development Inc.

Retail
Wells Fargo takes 3,600 sq. ft. in Newark, Goldstein Group says

Wells Fargo Bank has relocated an existing branch to the site of a former mattress store in Newark’s Ironbound section, The Goldstein Group announced Monday.

Retail
LMC: Nail spa takes 2,000 sq. ft. at Flemington retail center

A shopping center in Flemington has reached full occupancy with a recently signed, 2,000-square-foot lease with a nail salon and spa.

Finance & Capital Markets
JLL inks $17 million sale of Long Island shopping center

A team of Morristown-based brokers with JLL has completed the sale of a nearly 66,000-square-foot, grocery-anchored retail center on Long Island.

Retail
Three new tenants taking 58,000 sq. ft. at Burlington shopping center

National Realty & Development Corp. has signed leases with three new tenants for 58,690 square feet at Liberty Square Center, a 380,380-square-foot shopping center in Burlington.