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.

Events
Home rule, redevelopment in focus at Rutgers forum

Commercial real estate leaders, policy experts and public officials gathered last month to tackle an all-too-familiar problem in New Jersey — rethinking the state’s suburban office parks and retail centers to position them for the economy of the future.

Finance & Capital Markets
Wilcox touts $2.5 million loan for historic Morristown property

G.S. Wilcox & Co. has brokered $2.5 million in financing for a nearly 24,000-square-foot, mixed-use building in downtown Morristown.

Retail
Tulfra acquires Cranford site, plans redevelopment

Tulfra Real Estate has acquired a defunct industrial property in Cranford that it now plans to redevelop as a QuickChek store.

Professional Services
Goldstein Group broker named executive VP

The Goldstein Group has promoted one of its longtime brokers to executive vice president.

Professional Services
With decades of history, a close-knit team has guided Blau & Berg’s continued growth

The Blau & Berg Co. has more than doubled the size of its sales team over the past five years alongside a major increase in revenue — growth that has been guided largely by its family roots and a feeling of shared responsibility.

Retail
Lidl acquires shuttered Acme site in Bergen County, Ripco says

International supermarket chain Lidl has purchased a former Acme store in Bergenfield, providing the operator with an expansion opportunity in northern New Jersey.

Residential & Mixed Use
Extell launches leasing at new 151-unit Barnegat project

A developer has unveiled 151 age-restricted apartments at a mixed-use project in Barnegat, where it has also begun to welcome new retailers.

Retail
Panel: Bergen County remains a retail hotbed — and a proving ground for a changing industry

Even in Bergen County — the home of the highest-grossing retail ZIP code in the U.S. — owners and operators are in a race to evolve and face no shortage of challenges.

Professional Services
Garibaldi plans rebrand, expanded focus as it marks its centennial

As The Garibaldi Group prepares for its 100-year anniversary, the firm is making a push to recast itself and expand the services it provides to the commercial real estate industry — including a major rebrand that it will unveil this fall, new strategic hires and a continued push into the tech sector, one that was largely sparked by its experience at Bell Works.

Retail
AutoZone ground lease in Irvington sells for $3.9 million, Marcus says

A developer has sold the ground lease for an 8,000-square-foot net-leased retail property in Irvington, in a nearly $4 million deal arranged by Marcus & Millichap.