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.

CRE MARKET FORECAST: Predictions from industry experts

What does the year 2017 have in store for the commercial real estate market?

We can’t say for sure — and we know you can’t either — but we asked some of the industry’s top professionals in New Jersey to give it their best shot. In the process, we’ve tried to bring you a good cross-section of experts from different disciplines.

North Brunswick shopping center welcomes new tenant

Painting retailer Sherwin-Williams has opened the doors of its new, 4,500-square-foot store at a North Brunswick retail complex, Levin Management Corp. said Friday.

LMC tapped to manage grocery-anchored retail centers

The owner of shopping centers in Warren and Monmouth counties has hired Levin Management Corp. to serve as its exclusive managing agent for the properties, the firm said Wednesday.

Developers, city officials mark grand reopening of historic Hahne’s building in Newark

It was around 2013 when developers first pitched the idea of creating a dynamic, mixed-use destination at the iconic former Hahne & Co. department store in downtown Newark. But it’s fair to say that, for thousands of city residents, the project was 30 years in the making.

South Orange retail center welcomes fitness chain

A gym operator has leased 12,000 square feet at a retail center in the heart of downtown South Orange, The Goldstein Group said Monday.

Marcus & Millichap brokers $6M retail sale in Atlantic County

A nearly 50,000-square-foot shopping center in Atlantic County has a new owner, following a deal brokered by Marcus & Millichap.

Spa complex opens at former Edgewater factory site

A new high-end, 240,000-square-foot spa has opened its doors in Edgewater, completing the redevelopment of another piece of the former Alcoa factory site along the Hudson River.

With a new name, mixed-use park around Prudential Center moves forward

Public officials and business leaders gathered Wednesday to unveil new details about plans to transform the surface lots around the Prudential Center into a dynamic, mixed-use park area that connects Newark Penn Station to the city’s downtown and Ironbound neighborhoods.

Multistate platform drives 2016 leasing for Denholtz

Denholtz Associates recorded some 1 million square feet of leasing activity in 2016, including about 700,000 square feet in New Jersey and a deal with a major publishing company in Florida.

Aberdeen tax breaks aim to spur investment on Route 35

Local officials in Aberdeen have unveiled new incentives to encourage new commercial development and improvements to existing buildings around the township’s Route 35 corridor.