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.

Government & Public Policy
EDA seeking applications for grant program for ailing office, retail buildings

The state Economic Development Authority is accepting applications for a new grant program aimed at helping municipalities and counties find solutions for vacant or underused commercial properties within their borders.

Retail
Marcus inks $2 million sale of Wyckoff strip center

A private investor has sold a nearly 10,300-square-foot strip center in Wyckoff for $2 million, brokers with Marcus & Millichap announced Tuesday.

Retail
Marcus: Somerville retail, medical building trades for $3.8 million

A two-building, 20,700-square-foot retail and medical office complex in Somerville has changed hands for nearly $3.8 million, brokers with Marcus & Millichap announced.

Retail
Camden County retail site trades for $5 million, Marcus says

A private investor has acquired a two-tenant retail pad site in Sicklerville, in a $5 million transaction arranged by Marcus & Millichap.

Retail
Net-leased Dunkin’ Donuts on Route 22 fetches $1.6 million

An investor has acquired a 1,800-square-foot Dunkin’ Donuts property in North Plainfield, in a $1.6 million sale arranged by Marcus & Millichap.

Residential & Mixed Use
Marcus: Newly built, mixed-use building in Paterson trades for $6.7 million

A developer has sold a newly built apartment and retail property in Paterson, in a $6.7 million transaction arranged by Marcus & Millichap.

Retail
New gas, convenience store location is latest project for Wyckoff developer

A developer has added to its growing portfolio of gas and convenience store projects with the completion of a new QuickChek location in Somerset County.

Retail
Joint venture acquires Springfield Avenue shopping center in Newark

An affiliate of Goldman Sachs and Madison Marquette have acquired one of Newark’s newest retail properties — a fully occupied, grocery-anchored shopping center on Springfield Avenue.

Retail
LMC adds senior VP of leasing

Levin Management Corp. has added to its executive management team with the hiring of a new vice president of leasing.

Retail
NAI Hanson: Deli building, two-family home sell in Passaic Co.

An investor has acquired a 2,200-square-foot commercial building and an adjacent two-family home in Bloomingdale, in a transaction arranged by NAI James E. Hanson.