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.

New operators ink leases to fill ex-Houlihan’s locations in Parsippany, Bridgewater

Two former Houlihan’s restaurants in New Jersey are being revitalized after securing new operators for the spaces, in a set of deals arranged by Jeffery Realty.

Stir fry, salad chain honeygrow plans new location in Toms River, its sixth in New Jersey

Fast-casual restaurant chain honeygrow has announced plans for two additional locations, including a store at a Simon-owned property in Toms River.

Voorhees parcel slated to become car wash trades for $1.2 million, Rose Commercial says

A new car wash is coming to Voorhees after the sale of a nearly two-acre parcel on Route 73, in a newly announced deal by Rose Commercial Real Estate.

Kushner debuts new upscale bowling, entertainment lounge at Pier Village

A new bowling and entertainment lounge has opened at Pier Village, the sprawling oceanfront destination in Long Branch that’s home to a mix of shops, restaurants and upscale homes.

Growing hockey equipment chain opens in Kenilworth after backfilling 11,000 sq. ft.

A specialty hockey retailer has opened its doors in Kenilworth after leasing more than 11,000 square feet on Route 22, in a newly announced deal by The Goldstein Group.

Kaplan ramps up commercial unit with projects in self-storage, modern retail

Kaplan Cos. is stepping up the expansion of its commercial division, with a focus on new self-storage development and efforts to reposition retail assets to meet changing consumer needs.

Somerset shopping center adds Indian restaurant in 2,500 sq. ft. deal by Bussel Realty Corp.

An Indian restaurant has leased more than 2,500 square feet at a retail center in Franklin’s Somerset section, in a newly announced deal by Bussel Realty Corp.

LMC inks 1,400 sq. ft. deal with spa business, adding to Long Island retail center

A spa and wellness center has taken 1,400 square feet at a Long Island retail property, in a newly announced deal by North Plainfield-based Levin Management Corp.

NAIDB: Middlesex, Union counties stand out as rising rates weigh on N.J. investment sales

Middlesex and Union counties emerged as key focal points for commercial real estate investors in the first half of 2023, accounting for some $700 million in sales through midyear.

Investor sells 18 apartments, two retail spaces in Elizabeth portfolio deal, Kislak says

A private investor has purchased a combined 18 apartments and two retail spaces in Elizabeth for more than $4 million, in a newly announced deal by The Kislak Co. Inc.