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.

Professional Services
Business veteran joins Goldstein Group brokerage team

The Goldstein Group has made another addition to its sales and leasing team with the hiring of a longtime real estate consultant and business owner.

Retail
NRDC touts four new store openings in New Jersey portfolio

National Realty & Development Corp. has announced several new stores within its New Jersey portfolio that have opened recently or are on track to debut in the months ahead.

Professional Services
JLL senior VP named head of project, development services in N.J.

JLL has named a new head of project and development services in New Jersey.

Retail
Tulfra, QuickChek ink ground lease in Cranford

Tulfra Real Estate has entered into a long-term ground lease with QuickChek Corp. just days after acquiring a redevelopment site in Cranford that will be home to a new location for the convenience store chain.

Retail
Marcus brokers $2.8 million retail property sale

A private investor based in central New Jersey has acquired a nearly 5,000-square-foot retail property in the Florida Panhandle, in a $2.825 million sale brokered by Marcus & Millichap.

Deals
Mixed-use Morris County property sells for $1.3 million, Marcus says

A private investor has sold a 10,650-square foot mixed-use property in Morris County, in a nearly $1.3 million sale arranged by Marcus & Millichap.

Retail
HFF marketing multistate, grocery-anchored retail portfolio

A five-state, 934,000-square-foot retail portfolio anchored by grocery and wholesale stores is on the market for sale, with an offering that includes properties in northern and central New Jersey.

Events
Home rule, redevelopment in focus at Rutgers forum

Commercial real estate leaders, policy experts and public officials gathered last month to tackle an all-too-familiar problem in New Jersey — rethinking the state’s suburban office parks and retail centers to position them for the economy of the future.

Finance & Capital Markets
Wilcox touts $2.5 million loan for historic Morristown property

G.S. Wilcox & Co. has brokered $2.5 million in financing for a nearly 24,000-square-foot, mixed-use building in downtown Morristown.

Retail
Tulfra acquires Cranford site, plans redevelopment

Tulfra Real Estate has acquired a defunct industrial property in Cranford that it now plans to redevelop as a QuickChek store.