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
Deluccia: Raritan Borough building with four apartments, restaurant trades for $1.2 million

An investor has purchased a mixed-use building in downtown Raritan Borough for $1.15 million, in a newly announced deal by Deluccia Commercial Group.

Retail
Goldstein Group: AAMCO takes 4,500 sq. ft. to backfill South Brunswick retail building

AAMCO has leased 4,500 square feet for a new highway location in South Brunswick, in a newly announced deal by The Goldstein Group.

Residential & Mixed Use
Affordable housing, strip mall in Livingston change hands in deals arranged by Kislak

A private investor has purchased a 51-unit affordable housing complex in Livingston for $4.5 million, in one of two newly announced deals by The Kislak Co. Inc.

Retail
Kamson inks two leases to fill retail space at mixed-use Teaneck project, JLL says

The Kamson Corp. has added two retail tenants at a mixed-use development in Teaneck, filling nearly 8,400 square feet in a set of newly announced deals by JLL.

Retail
LMC: Activate Games takes 15,000 sq. ft. at busy highway shopping center in Woodbridge

A gaming and entertainment concept is coming to St. Georges Crossing, the 343,000-square-foot shopping center in Woodbridge, under a newly announced deal by Levin Management Corp.

Retail
Learning center, pharmacy coming to new Rosera Wesmont rental property in Wood-Ridge

JCMLiving has secured two retail tenants for a new 295-unit apartment building in Wood-Ridge, inking leases with a well-known education franchise and a pharmacy.

Government & Public Policy
East Orange project with 420 rentals, commercial space lands $298 million Aspire award

The next phase of a massive redevelopment in East Orange is one step closer to breaking ground with the help of a nearly $298 million tax credit award under the state’s Aspire program.

Retail
RIPCO: Trader Joe’s-anchored retail center in Edgewater hits 97 percent occupancy

Tenants have all but filled a 73,000-square-foot retail center in Edgewater after a flurry of recent leasing activity secured by RIPCO Real Estate.

Retail
Art school, event space takes 1,200 sq. ft. on Route 46 in Morris County, Azarian says

A painting school and event space is coming to Rockaway Borough, where it will occupy more than 1,200 square feet under a deal arranged by Azarian Realty Co.

Finance & Capital Markets
G.S. Wilcox sources $26 million loan for Blue Star Shopping Center updates

The owner of the Blue Star Shopping Center in Watchung has closed on a $26 million loan for the property’s ongoing redevelopment, in a deal arranged by G.S. Wilcox & Co.