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
Goldstein Group: Car wash, lube business backfills 11,700 sq. ft. in South Brunswick

A new car wash and maintenance business is opening in South Brunswick, leasing nearly 11,700 square feet under a set of deals arranged by The Goldstein Group.

Retail
Larken, Jersey Mike’s ink 1,900 sq. ft. lease at Warren County shopping center

Larken Associates has signed a lease with Jersey Mike’s Subs to bring another national retailer to a grocery-anchored commercial property in central Warren County.

Top News
Iron Culture opens third New Jersey gym inside revitalized West Orange bowling alley

A new Iron Culture gym has opened in West Orange, expanding the brand’s footprint in New Jersey and bringing fresh life to the site of a historic bowling alley.

Finance & Capital Markets
Cronheim: NRDC lands $17.8 million loan for grocery-anchored center in Jersey City

The owner of a nearly 101,000-square-foot shopping center in Jersey City has closed on a $17.8 million loan for the property, brokers with Cronheim Mortgage announced Friday.

Deals
Investment group buys former Asbury Park YMCA building for $3 million, Barone says

Private investors have acquired a roughly 38,000-square-foot building in downtown Asbury Park for $2.95 million, in a newly announced deal by Barone Commercial Resources LLC.

Residential & Mixed Use
Developer launches sales at sweeping Southend Lofts project in Hoboken (SLIDESHOW)

Sales are underway at Southend Lofts, the collection of 110 upscale condominiums that is taking shape at a historic industrial complex in Hoboken.

Retail
Planet Fitness expands in Monmouth with new 27,000 sq. ft. lease in Howell, LMC says

Planet Fitness has taken nearly 27,000 square feet for a new location along Route 9 in Howell, according to a leasing team with Levin Management Corp.

Retail
Sheldon Gross: Coffee roaster buys 9,700 sq. ft. Middletown retail building

A coffee company has acquired a more than 9,700-square-foot property in Middletown for $1.6 million, in a newly announced deal by Sheldon Gross Realty.

Current Issue
Owners Council Q&A: Katie Kurtz

When I joined Denholtz in 2024, gridlocked capital markets and broad uncertainty made transacting difficult. At that time, the industry was waiting for the long-promised rate cuts that would unlock deal flow. Fast forward a year, and we’ve finally received the first of what should be a series of cuts. While the full impact will take time, I anticipate we will begin to see the pricing clarity that’s essential for the market to function. This shift gives me more optimism heading into 2026 than I felt at the close of last year.

Current Issue
Owners Council Q&A: Lou March Jr.

There’s a sense of cautious optimism across the industry. With that said, launching large-scale construction projects remains a challenge due to financing hurdles and broader economic headwinds.