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.

Finance & Capital Markets
Investors Bank touts $2.7 billion in CRE loans in 2017

Multifamily projects in Morristown and Monroe are among the latest developments financed by Investors Bank, contributing to more than $2.5 billion in commercial real estate activity completed by the lender in 2017.

Retail
Weiss: Newark retail property trades for $1.3 million

A corner retail property in Newark is under new ownership and will soon have a new use, following a $1.3 million sale arranged by Weiss Realty and Pierson Commercial.

Residential & Mixed Use
New $80 million rental tower slated for downtown Newark (SLIDESHOW)

A developer has unveiled plans for an $80 million luxury apartment project in Newark, touting a 256-unit tower that will offer “resort-style living” in the heart of the city’s downtown.

Retail
‘Boot camp’ concept coming to Passaic Co. retail center

A growing fitness franchise is set to open its fourth location in New Jersey, following its recently signed, 3,600-square-foot lease at a Passaic County shopping center.

Government & Public Policy
Developer’s car will serve as backdrop for CRE industry during Walk to Washington

In just two weeks, hundreds of business and political leaders will board a southbound Amtrak train as part of the New Jersey Chamber of Commerce’s annual Walk to Washington. And you can bet that the state’s commercial real estate sector will be well-represented.

Events
Monmouth to honor Rouse Properties CEO at annual real estate dinner

Rouse Properties CEO Brian Harper will headline this year’s industry awards dinner at Monmouth University, an annual event that draws hundreds of New Jersey’s top real estate executives and service professionals.

Retail
NRDC building new supermarket at former office site in Monmouth County

A developer has broken ground on a new 77,100-square-foot ShopRite that will join the mix at a busy retail center along Route 35 in Shrewsbury.

Retail
Fast casual Japanese chain expands into N.J.

A fast casual Japanese chain has opened its first restaurant outside New York City, a 1,700-square-foot location at the base of a Jersey City office tower.

Retail
Marcus & Millichap inks 7,360 sq. ft. retail sale

A retail property in Union has changed hands among private investors, following a nearly $1.1 million deal brokered by Marcus & Millichap.

Retail
LeFrak: Steakhouse among three new restaurants at Newport

A new restaurant has opened its doors and two more are on the way at Newport, the still-growing mixed-use neighborhood along the Hudson waterfront in Jersey City.