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.

Industrial
NAI Hanson: Home remodeler buys Oradell retail, warehouse building for $875,000

The owner of a home remodeling business has acquired a 3,125-square-foot mixed-use building in Oradell for $827,500, brokers with NAI James E. Hanson announced Wednesday.

Retail
Marcus inks $3 million trade of 21,000 sq. ft. retail center in Matawan

A longtime owner has sold a nearly 21,000-square-foot retail center in Matawan for some $3 million, in a newly announced deal by Marcus & Millichap.

Retail
LMC: Venus Jewelers debuts 5,700 sq. ft. shop, showroom at longtime home in Somerset

A jeweler has nearly doubled its footprint at a shopping center in Franklin Township, where it now occupies 5,700 square feet after a deal arranged by Levin Management Corp.

Retail
Allendale retail center fully leased after 3,200 sq. ft. deal with fitness studio, Azarian says

A new fitness studio has taken more than 3,200 square feet at the grocery-anchored Allendale Town Center in Bergen County, according to a leasing team with Azarian Realty Co.

Retail
C&W: Onyx sells 17,000 sq. ft. Ridgewood retail property for $5.7 million

Onyx Equities has sold a nearly 17,000-square-foot retail building in downtown Ridgewood for $5.65 million, brokers with Cushman & Wakefield announced Monday.

Sponsored Content
Real Estate NJ’s 2025 Market Forecast

Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it balances strong fundamentals in several key asset classes with new regulatory headwinds, nagging inflation and what seems to be a lingering lack of clarity over when lower interest rates will truly impact the industry.

You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.

Retail
Ace Pickleball Club coming to North Brunswick after 27,000 sq. ft. deal, LMC says

An indoor pickleball franchise has taken 27,000 square feet at Brunswick Shopping Center off Route 1 in North Brunswick, according to a team with Levin Management Corp.

Retail
Vantage Commercial: Goodwill of South Jersey, Philly takes 20,000 sq. ft. in Toms River

Goodwill Industries of Southern New Jersey and Philadelphia has leased nearly 20,000 square feet for a new store in Toms River, in a deal arranged by Vantage Commercial.

Retail
Grocery-anchored center in Park Ridge sells for $17 million, Marcus says

A private investor has acquired a nearly 72,000-square-foot, grocery-anchored retail property in Park Ridge for $17 million, according to a brokerage team with Marcus & Millichap.

Education
Kislak: Site of 8,000 sq. ft. ex- Goddard School building in Jackson trades for $2.8 million

The former site of a preschool and daycare center in Jackson Township has changed hands for $2.8 million, in a newly announced deal by The Kislak Co. Inc.