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
WCRE seeking office, retail tenants at revamped Marlton property

The developer behind a high-profile, mixed-use project in Marlton has tapped Wolf Commercial Real Estate to market its newly repositioned office and retail space.

Retail
Indoor virtual reality park seeking U.S. locations, Brunelli says

An operator of indoor virtual reality theme parks is looking to make its entrance to the U.S., hiring R.J. Brunelli & Co. LLC to find locations for the concept.

Retail
Closeout retailer opens new store in Somerset County

A discount closeout retailer has expanded its footprint in New Jersey with a recently opened, 31,000-square-foot store in Somerset County, brokers with Jeffery Realty announced.

Hospitality & Tourism
Ocean Resort details new ownership, $70 million investment

An existing shareholder is leading the $70 million capital infusion into the Ocean Resort Casino in Atlantic City, paving the way for it to become the property’s new majority owner.

Retail
Pierson touts lease, opening of new 38,000 sq. ft. fitness club in Woodbridge

A fitness chain has debuted its ninth location in New Jersey and its first in Middlesex County, following a recently announced 38,000-square-foot lease by Pierson Commercial.

Office
CBRE: Foundation launched by Eagles star acquires Cherry Hill building

A free food truck service launched by Eagles quarterback Carson Wentz has found a new headquarters, acquiring a 4,546-square-foot office property in Cherry Hill.

Retail
Paramount, city officials open new Burger King in Perth Amboy

Paramount Assets recently joined the operator of a new Burger King in Perth Amboy to mark the business’ opening.

Retail
Fitness chain inks 16,500 sq. ft. sublease in Union, CBRE says

A new Planet Fitness location is slated to open in Union after subleasing more than 16,000 square feet in the township, brokers with CBRE announced Thursday.

Finance & Capital Markets
Rockaway retail center refinances for $10 million, JLL says

The owner of an 89,000-square-foot shopping center in Rockaway has refinanced the property for $10 million, brokers with JLL announced Wednesday.

Retail
Urgent care set to join Parsippany retail development, takes 4,300 sq. ft.

An urgent care chain is slated to make its debut in New Jersey after signing a nearly 4,300-square-foot lease at a new 150,150-square-foot shopping center in Parsippany.