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
New York Life inks $135 million loan for mixed-use Fort Lee project

New York Life Insurance Co. has originated $135 million in financing for Hudson Lights, the two-year-old residential and retail property near the George Washington Bridge in Fort Lee.

Top News
Rutgers reveals latest group of advisers, emerging leaders for real estate program

The Center for Real Estate at Rutgers Business School has unveiled this year’s group of board members and industry leaders that will guide the program and its students.

Professional Services
GH&C adds to real estate group with another hire

Giordano, Halleran & Ciesla has made another addition to its commercial real estate practice.

Retail
Paterson retail center trades for $4 million, Marcus says

A private investor has sold a nearly 27,000-square-foot shopping center in Paterson for $4 million, in a transaction arranged by Marcus & Millichap.

Retail
JLL: Newark hotel inks leases with seafood eatery, recruiting center

A local seafood restaurant and a U.S. Army recruiting center will be among the newest retail tenants at a hotel next to the Prudential Center in Newark, according to JLL.

Retail
Retail, residential building in Readington sells for $3.9 million

A private investor has sold a nearly 29,000-square-foot mixed-use property in the Whitehouse Station section of Readington, in a $3.9 million deal brokered by Marcus & Millichap.

Hospitality & Tourism
N.J. Hall of Fame finds permanent home at American Dream

The nonprofit New Jersey Hall of Fame has found a permanent home at what will become the sprawling American Dream retail and entertainment complex in East Rutherford.

Retail
Colliers: Fitness concept inks 6,100 sq. ft. in Journal Square

A fitness operator has leased 6,100 square feet in the Journal Square section of Jersey City, Colliers International announced, marking the concept’s second location in the city.

Retail
NAI Hanson: Furniture store leases 12,000 sq. ft. in Parsippany

A furniture retailer is set to open a new 12,000-square-foot store and showroom along Route 46 in Parsippany, following a deal arranged by brokers with NAI James E. Hanson.

Retail
Bergen County retail building fetches $4.8 million

A private investor has sold a 14,900-square-foot retail building in River Vale for nearly $5 million, brokers with Marcus & Millichap announced Tuesday.