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.

Professional Services
REDCOM completes refresh of well-known Honda dealership on Route 3 in Clifton

A prominent Honda dealership in Clifton has completed a major renovation and expansion with the help of REDCOM Design & Construction.

Retail
Fitness concept takes 3,000 sq. ft. at Somerset Hills Shopping Center, Deluccia says

A fitness user has leased more than 3,000 square feet of newly built commercial space in Bedminster, in a transaction arranged by Deluccia Commercial Group.

Featured
Urby teams with Rockpoint for newest Jersey City project, eyeing 748-unit rental tower

The second phase of a project that began with a landmark apartment building at 200 Greene St. in Jersey City, directly west of the Hudson River and the well-known Harborside office complex, could soon begin with 201 Hudson – by…

Deals
ICON brokers $3.1 million sale of five-parcel mixed-use portfolio in Clifton

A cluster of properties with 11 apartments, five retail spaces and some 30 parking spaces has changed hands in Clifton, in a newly announced deal by ICON Real Estate Advisors.

Government & Public Policy
Expansion plans: How CREDA will build on NAIOP’s rich legacy in New Jersey

NAIOP’s long-awaited rebrand to the Commercial Real Estate Development Association is especially significant for a New Jersey chapter that is one of the organization’s oldest, giving it a rich history and a broad reach that its leaders hope will become even more expansive.

Finance & Capital Markets
Claremont, Stanbery and PCCP snag $188 million refi for The District at 15fifteen in Parsippany

The developers of The District at 15fifteen in Parsippany have refinanced the sweeping mixed-use project, securing a $188 million loan in a deal arranged by Cushman & Wakefield.

Retail
Three new tenants, including Crunch Fitness, fill 41,000 sq. ft. at Brick retail center

Crunch Fitness is coming to a newly updated retail center in Brick, where it will lease 25,000 square feet in the largest of three recent transactions arranged by JLL.

Retail
Investor grabs 32,000 sq. ft. Parsippany retail center for $9.1 million, Marcus says

A highway retail center in Parsippany has changed hands for more than $9.1 million, brokers with Marcus & Millichap announced Tuesday.

Retail
Harrison, veteran retail broker and development specialist, joins RIPCO

Longtime retail specialist Jennifer Sofia Harrison has joined RIPCO Real Estate, where she’ll serve as a managing director focused on landlord representation in the region.

Top News
NAIOP becomes the Commercial Real Estate Development Association

It’s official: NAIOP is now the Commercial Real Estate Development Association.