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
Paramount debuts 7-Eleven at historic bank property in Newark

Paramount Assets has completed its adaptive reuse of a historic bank building in Newark’s Ironbound section, welcoming 7-Eleven as the last of its two tenants.

Retail
Goldstein Group: Salad chain joins New Providence shopping center

A fast casual salad chain has taken 3,200 square feet at a New Providence shopping center, brokers with The Goldstein Group announced this week.

Retail
Net-leased bank property in Bordentown fetches $1.7 million

A private investor has sold a 2,760-square-foot, net-leased bank property in Bordentown, in a nearly $1.7 million deal arranged by Marcus & Millichap.

Retail
RD Management, JMF ink 119,000 sq. ft. deal with Lowe’s in Cedar Knolls

A joint venture has landed Lowe’s as an anchor tenant at a soon-to-be-built shopping center in Hanover, where the retailer is taking nearly 120,000 square feet.

Retail
Paramount, Blink Fitness open newest location in New Jersey

Paramount Assets is touting the opening of a new Blink Fitness in Irvington, the real estate firm’s fourth lease in New Jersey with the fast-growing chain.

Retail
Sudler plans new convenience store, gas station at former office building site in Monmouth

The Sudler Cos. has torn down yet another decades-old office building in its portfolio, clearing the way for a new convenience store and gas station in Monmouth County.

Residential & Mixed Use
Developer set to break ground on 200 apartments, supermarket in Middlesex

Forte Real Estate Development is set to break ground on the newest project in its hometown of Middlesex Borough, a mixed-use property that will include 200 apartments and a new supermarket.

Government & Public Policy
Solving the parking problem: Goldberg sees a role for the state in urban redevelopment

To Carl Goldberg, the need for moderately priced, workforce housing continues to grow in New Jersey, but the cost of structured parking can be a significant hurdle. It’s why he sees an opportunity for the state to help local officials solve that equation.

Retail
Barbershop chain takes 1,800 sq. ft. in Madison, its third New Jersey store

A barbershop chain has leased nearly 1,800 square feet at a mixed-use property in downtown Madison, brokers with JLL announced this week.

Residential & Mixed Use
Fields: Jersey City apartment building nearly 70 percent leased

Renters are flocking to a new apartment building in Jersey City’s Paulus Hook neighborhood, where Fields Development Group has leased nearly 70 percent of its 153 units.