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.

Residential & Mixed Use
Developers kick off $135 million theater district project in Montclair

Ironstate Development Co. and Brookfield have broken ground on a long-awaited, $135 million project in downtown Montclair that will deliver 200 apartments and a mix of artist and commercial space alongside the historic Wellmont Theater.

Retail
South Orange restaurant, liquor license trade for $2.8 million

19 Valley St. in South Orange — Courtesy: The Kislak Co.Inc. By Joshua Burd An investor has acquired a well-known restaurant property and a liquor license in downtown South Orange, where a new operator is set to open following the…

Residential & Mixed Use
Paramount debuts rental project at historic Newark building

Paramount Assets has completed its transformation of a historic commercial building in downtown Newark, delivering 37 new luxury apartments and street-level retail space.

Retail
Goldstein Group broker promoted to director

The Goldstein Group has promoted one of its brokers to the position of director.

Government & Public Policy
EDA seeking applications for grant program for ailing office, retail buildings

The state Economic Development Authority is accepting applications for a new grant program aimed at helping municipalities and counties find solutions for vacant or underused commercial properties within their borders.

Retail
Marcus inks $2 million sale of Wyckoff strip center

A private investor has sold a nearly 10,300-square-foot strip center in Wyckoff for $2 million, brokers with Marcus & Millichap announced Tuesday.

Retail
Marcus: Somerville retail, medical building trades for $3.8 million

A two-building, 20,700-square-foot retail and medical office complex in Somerville has changed hands for nearly $3.8 million, brokers with Marcus & Millichap announced.

Retail
Camden County retail site trades for $5 million, Marcus says

A private investor has acquired a two-tenant retail pad site in Sicklerville, in a $5 million transaction arranged by Marcus & Millichap.

Retail
Net-leased Dunkin’ Donuts on Route 22 fetches $1.6 million

An investor has acquired a 1,800-square-foot Dunkin’ Donuts property in North Plainfield, in a $1.6 million sale arranged by Marcus & Millichap.

Residential & Mixed Use
Marcus: Newly built, mixed-use building in Paterson trades for $6.7 million

A developer has sold a newly built apartment and retail property in Paterson, in a $6.7 million transaction arranged by Marcus & Millichap.