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
Big Lots expanding to 55,000 sq. ft. in Burlington County, Jeffery says

A discount retailer is nearly doubling its footprint at a Burlington County shopping center, in the largest of several newly announced deals by Jeffery Realty.

Retail
WCRE: JP Morgan acquires redevelopment site, plans new branch in Marlton

JP Morgan Chase Bank is planning a new branch in Marlton, brokers said, following the lender’s acquisition of a former convenience store and gas station property on Route 70.

Retail
New-look shopping center in Toms River hits full occupancy

A real estate investment firm has brought a Toms River shopping center to full occupancy, touting the milestone about a year after acquiring the 138,000-square-foot property.

Professional Services
Walsh joins Advance as managing director for development, construction

Advance Realty Investors has hired longtime industry executive Tom Walsh, who will help oversee development and construction for its fast-growing portfolio and for third parties.

Retail
Café concept takes 1,900 sq. ft. at 34-unit Bijou project in Hoboken

A café operator has committed to its third location in Hudson County, leasing nearly 2,000 sq. ft. at Bijou Properties’ new 34-unit luxury rental building in uptown Hoboken.

Retail
Paramount, 7-Eleven debut new location at historic rehab project in Newark

Paramount Assets has inked another lease with 7-Eleven, bringing the convenience store chain to its new mixed-use William Flats project in downtown Newark.

Retail
Goldstein Group completes five new physical therapy leases

Five physical therapy providers have combined to lease more than 17,000 square feet in northern and central New Jersey, in a series of newly announced deals by The Goldstein Group.

Retail
Shoe brand leases 1,800 sq. ft. at The Mall at Short Hills

A Brazilian shoe brand has opened a new store at The Mall at Short Hills, its first New Jersey location, following a 1,800-square-foot lease by Cushman & Wakefield.

Residential & Mixed Use
Developers unveil new apartments at iconic New Jersey Bell building in Newark

An investment group has largely completed its conversion of the former New Jersey Bell tower in Newark, marking the restoration of a historic landmark and the addition of new market-rate and affordable housing options to the city’s downtown.

Retail
CBRE inks $6.2 million in new investment sales

A private investor has paid $2.3 million for a nearly 15,000-square-foot retail property in Monmouth County, in the largest of four newly announced transactions by CBRE.