A joint venture has reaped $25 million from the sale of a nearly 100,000-square-foot, grocery-anchored retail center in Burlington County, brokers with JLL said Wednesday.
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.
Colliers named leasing agent of Atlantic County mall
An investment group has tapped Colliers International as its leasing agent at a 1 million-square-foot mall in Atlantic County, the real estate services firm announced Wednesday.
NorthMarq sources $900,000 loan for East Rutherford post office building
The owner of a nearly 4,000-square-foot retail property in East Rutherford has closed on $900,000 in financing, in a newly completed transaction by NorthMarq.
Developer, local officials offer vision for $500 million project in East Brunswick
A developer on Tuesday joined local officials in East Brunswick to present their vision for a $500 million redevelopment plan in the township, seeking to transform more than 40 acres of aging and underutilized retail property along the busy Route 18 corridor.
Education, automotive tenants take 16,000 sq. ft. at Monmouth retail project
A soon-to-be redeveloped retail property in Middletown has lured two new tenants, under a set of newly announced transactions by The Goldstein Group.
NKF: Pizza operator coming to new-look Journal Square office building
A pizza concept is joining the retail mix at an office building in Jersey City, whose owner has committed more than $10 million to reposition and upgrade the nine-story property.
Russo details 86,000 sq. ft. amenity package at sprawling Union rental project (SLIDESHOW)
Russo Development has taken the wraps off more than 80,000 square feet of amenity space at its new 415-unit luxury residential project in Union.
Ex-Dressbarn site in Paramus fetches $2.2 million, CBRE says
The site of a former Dressbarn store in Paramus has changed hands for more than $2 million, following a transaction arranged by brokers with CBRE.
LMC: Food, beauty tenants lease 5,600 sq. ft. at Delran shopping center
Two food and beverage tenants and a beauty operator have leased a combined 5,600 square feet in Delran, joining the roster at a 215,000-square-foot shopping center off Route 130.
Denholtz names new COO, promotes finance executive in key leadership moves
Denholtz Properties has hired a veteran broker and development executive as its new chief operating officer, in one of two new changes to its leadership team.
