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 inks $30 million sale of 962,000 sq. ft. mall complex

A brokerage team based in JLL’s Morristown office has arranged the sale of a nearly 1 million-square-foot, super-regional mall outside Buffalo, New York.

Retail
C&W: Fitness, tutoring chains ink new locations in Short Hills

A boutique fitness chain and a tutoring business have leased a combined 4,800 square feet in Short Hills, under a set of newly completed transactions by Cushman & Wakefield.

Retail
NAI Hanson: Antique retailer expands, acquires 6,000 sq. ft. property in Hampton Twp.

The owners of a home furnishings and antiques business have acquired a 6,000-square-foot retail building in Hunterdon County, with plans to use the property as a second location.

Retail
Monmouth retail center sells for $4.9 million, Marcus says

A private investor has sold a retail property in Monmouth County for nearly $5 million, brokers with Marcus & Millichap announced Thursday.

Retail
Paramount touts new Taco Bell ground lease, opening in Morris County

A new 1,850-square-foot Taco Bell has opened its doors in Wharton after a recently completed ground lease with Paramount Assets.

Retail
American Dream announces opening date for late October

The long-awaited American Dream project has announced an opening date in late October, signaling that the massive entertainment and retail project may finally come to fruition.

Retail
Salon suite chain inks leases for first three New Jersey locations, C&W says

A company that offers co-working space for beauty professionals is making its entrance to New Jersey, inking leases for locations in Monmouth, Camden and Union counties.

Residential & Mixed Use
Somerset closes on 31-acre transit village site in Somerville

Somerset Development has completed its long-awaited acquisition of 31 acres in downtown Somerville, paving the way for a project that includes more than 500 residential units and other uses adjacent to the borough’s train station.

Retail
Japanese fast casual chain coming to Newark rental building, Paramount says

Paramount Assets has attracted another retailer to its new boutique apartment building in Newark, inking a 1,500-square-foot lease with a Japanese fast casual concept.

Professional Services
REDCOM launches auto dealership renovation in Englewood Cliffs

REDCOM Design & Construction has kicked off the renovation of a Toyota dealership in Englewood Cliffs, with completion slated for later this year.