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
Brunelli: Five new Dollar Tree stores coming to N.J.

National retailer Dollar Tree has added five new locations in New Jersey, following a series of leases arranged by R.J. Brunelli & Co. LLC.

Retail
Mack-Cali announces lease with fitness chain in Hanover

Mack-Cali Realty Corp. has signed a 40,000-square-foot lease with a national fitness operator at a shopping center near one of its flagship office parks in Morris County.

Retail
Triple Five secures $1.67 billion construction loan for American Dream project

The developer of the American Dream project in the Meadowlands has closed on $1.67 billion in private financing, allowing it to “aggressively move forward” with construction after months of delays at the notoriously stalled retail and entertainment complex.

Retail
Developers tout plans for new Morris County wholesale club, retail center

A joint venture will develop a new shopping center anchored by a wholesale club at a busy intersection in Hanover, the firms announced Thursday.

Sponsored Content
JLL: Retail sectors blossom in northern New Jersey

New Jersey has a strong retail environment due its population density, which is higher than the national average. Retailers are also attracted to the Garden State’s proximity to New York, which is one of the world’s retail capitals. A large percentage of New Jersey’s population is in Northern New Jersey and retailers targeting consumers have plenty of space options along Interstate 95, The Garden State Parkway and U.S. Route 1/9.

Retail
C&W: Repositioned retail center trades for $21.25 million

A joint venture has sold a Livingston retail center for more than $21 million after nearly doubling its occupancy over the course of five years.

Retail
Fort Lee retail property fetches $4.6 million, Marcus & Millichap says

A corner retail property near the George Washington Bridge has changed hands among private investors, following a nearly $4.6 million sale arranged by Marcus & Millichap.

Retail
Mixed-use building in Bergen County trades for $2.6 million

A private investor has sold a 13,500-square-foot retail and office building in Westwood, in a nearly $2.6 million sale brokered by Marcus & Millichap.

Finance & Capital Markets
HFF secures $100 million refinance for Hudson County retail center

The owner of a fully leased, 410,015-square-foot retail center in Hudson County has refinanced the property for $100 million, HFF said Thursday.

Residential & Mixed Use
Upper Montclair properties fetch $3.25 million

A private investor has sold two neighboring mixed-use properties in Montclair for a combined $3.25 million, according to brokers with Marcus & Millichap.