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.

Retail
Ground lease, demolition of vacant retail building clear way for new ShopRite in Wayne

A developer is moving ahead with plans to raze and redevelop an aging retail property in Wayne, paving the way for a new 79,540-square-foot ShopRite that will open next fall.

Retail
Jacobs, Pierson tout 10,000 sq. ft. in leasing at Wall retail center

Tenants have inked more than 10,000 square feet of new leasing activity at a Route 35 shopping center in Wall, as its management continues a host of renovations at the property.

Events
ULI highlights top New Jersey CRE projects, industry leaders at awards dinner

The Urban Land Institute honored a dozen commercial real estate projects and industry leaders last week as part of an annual awards dinner hosted by its northern New Jersey chapter.

Retail
Auto dealership property sells in Camden County

A freestanding, 3,500-square-foot building in Pennsauken has changed hands among auto dealerships, following a transaction brokered by Wolf Commercial Real Estate.

Office
Law firm, Edison Properties to relocate HQs to Ironside Newark

A law firm is set to relocate to Edison Properties’ Ironside Newark project, as the developer also prepares to move its own headquarters to the rehabilitated former warehouse building.

Residential & Mixed Use
Denholtz gains approvals, unveils expanded plan for mixed-use Red Bank project

Denholtz Associates has received approval for a newly expanded plan to bring a mix of new apartments and commercial space to a site adjacent to Red Bank’s train station.

Professional Services
Goldstein Group broker promoted to vice president

The Goldstein Group has announced a new promotion within its brokerage ranks.

Retail
HFF inks sale of Ocean County retail center

A private investor has acquired a fully leased, 256,000-square-foot retail power center along Route 9 in Ocean County, brokers with HFF announced Monday.

Residential & Mixed Use
Jersey City details $90 million, mixed-use performing arts complex at NJCU

Officials in Jersey City have taken the wraps off plans for a new $90 million performing arts complex on the city’s west side, the latest piece of a sweeping, mixed-use redevelopment of land owned by New Jersey City University.

Retail
Burlington County bank branch changes hands

A bank has sold a nearly 3,000-square-foot branch location in Burlington County to a regional doctor network, brokers with Wolf Commercial Real Estate said Friday.