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
Investor pays $5.9 million for Livingston retail center, Marcus & Millichap says

A developer has sold a fully leased, 7,846-square-foot retail center in Livingston for nearly $6 million, according to brokers with Marcus & Millichap.

Professional Services
RSC unveils redesign of Ridgewood restaurant (SLIDESHOW)

A popular restaurant in Ridgewood has reopened after a redesign and renovation overseen by a Hackensack-based architecture firm.

Office
Shifts in workplace, demographics in focus at Roche site redevelopment forum

Local residents were among those who turned out this week for a forum tied to Prism Capital Partners’ plans for the former Hoffmann-LaRoche campus in Nutley and Clifton, as the developer sought to highlight the shifts in demographics, corporate strategy and lifestyle choices that are now driving New Jersey’s economy.

Retail
Franchise restaurant expert joins Ripco New Jersey team

Ripco Real Estate has expanded its team of retail brokers in New Jersey with another new hire.

Retail
Ex-restaurant site in Monmouth slated for redevelopment, Jeffery Realty says

A developer has closed on the site of a long-vacant restaurant in Middletown, where it has proposed building more than 21,000 square feet of new retail space in its place.

Residential & Mixed Use
Leasing underway at 334-unit Prism project in West Orange

Prism Capital Partners has launched leasing at its new 334-unit apartment community in West Orange, the centerpiece of what it says is the state’s largest non-waterfront adaptive-reuse project.

Events
NAIOP reveals deal of the year finalists for 2018 gala

NAIOP New Jersey has unveiled the finalists for its coveted Deal of the Year awards, a group that includes eight of the state’s most high-profile transactions of 2017.

People
Advance hires new senior associate of asset management

The New Jersey Center of Excellence in Bridgewater — Courtesy: Advance Realty By Joshua Burd Advance Realty has continued its recent flurry of hiring with an addition to its asset management team. The Bridgewater-based developer said Thursday that it had…

Retail
Newmark: Downtown Summit building repositioned with retail, office tenants

A onetime department store complex in downtown Summit has found new life as a mixed-use commercial space, having reached full occupancy with a group of retail and office tenants.

Office
Downtown Montclair buildings are latest acquisitions for Saxum

Saxum Real Estate has expanded its holdings in downtown Montclair with the acquisition of two neighboring properties, including a 25,000-square-foot former bank building.