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
JLL hired to market, lease new-look shopping center in Bergen County

The owner of a redeveloped shopping center in Little Ferry has tapped JLL as its leasing agent for the 139,000-square-foot property.

Sponsored Content
Newark Broad Street’s time to shine

Having started my commercial real estate career in Newark, New Jersey in the late 1980s, I’ve had a front row seat to the evolution of The Brick City, and specifically the strides taken by the community toward enhancing the soul of the downtown area. What was once a city centered largely around Newark Penn station, the region has experienced new growth, particularly northward and westward toward the Broad Street corridor. Additionally, while improvements over the past two decades were slow, but steady, the past five years have seen a more intense ramp up in activity.

Retail
Hackensack: Restaurant, café debuts 3,000 sq. ft. location at Sanzari medical arts building

A restaurant and café operator has opened its doors in Hackensack at the base of a well-known medical office building owned by Alfred Sanzari Enterprises.

Professional Services
Locally grown: Lee & Associates, marking 10 years in New Jersey, is primed for additional expansion

Lee & Associates is marking 10 years since the launch of its New Jersey office, having grown from just four brokers and three employees to a team of 55, thanks in large part to the firm’s distinctive broker-owned model and a growing number of service lines.

Deals
NAI Hanson inks sale of Fairfield redevelopment site

The new owner of a two-acre redevelopment site in Fairfield is slated to build a medical facility on the parcel, following a sale arranged by NAI James E. Hanson.

Retail
Newmark Associates adds longtime broker to lead new retail division

A veteran broker has joined Newmark Associates to lead the firm’s newly formed retail practice.

Retail
Longtime furniture store site changes hands in Paramus

The longtime home of a furniture store in Paramus has changed hands to a new operator, following a sale arranged by The Goldstein Group.

Retail
LMC announces promotion for leasing rep

A leasing professional at Levin Management Corp. has earned a promotion after three years with the real estate services firm.

Retail
Industry leader Reinhart joins Brunelli to lead mixed-use development practice

R.J. Brunelli & Co. has hired Peter S. Reinhart, the head of Monmouth University’s real estate program and a former longtime executive with Hovnanian Enterprises, to lead a new division within the retail brokerage focused on mixed-use developments.

Roundtable
How has e-commerce impacted building design in either retail or industrial space?

How has e-commerce impacted building design in either retail or industrial space? We assembled a panel of industry experts to tackle this month’s question.