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
KenKap brokers $6.4 million sale of retail, office center in South Jersey

A 1031 exchange investor has acquired a 36,000-square-foot retail and office complex in Burlington County, in a $6.4 million sale brokered by KenKap Realty Corp.

Retail
Editor’s note: The story that keeps on giving

The Amazon story is now more than four years old in New Jersey, at least when it comes to our industrial market, yet we can’t seem to stop talking about it. It only makes sense. The tech giant has added…

Roundtable
Besides e-commerce, what trends or market forces are impacting retail real estate in New Jersey?

We assembled a panel of industry experts to tackle our recent roundtable question. Here’s what they had to say. Marta Person Villa, senior vice president, JLL (East Rutherford) Retail is being affected by the contraction of department stores and large…

Retail
Staying power: As retail changes, Harding sees new opportunities for longtime industry player

Aside from its focus on retail property, Levin Management Corp. executives say change is one of the only other constants in their business. It’s one reason why they feel they’re built to withstand the next set of shifts and challenges to an industry that is evolving as quickly as ever.

Retail
CBRE: Pop-ups, m-commerce and discounters among growing trends this holiday season

Pop-up stores are in fact set to make a return this holiday season, but they’ll be joined by a growing number of pop-up warehouses. Those are among the findings in a new report by CBRE that’s meant to forecast this year’s holiday trends in commercial real estate. The report also points to an expansion of mobile commerce and strength in discount retailing, as consumers continue to seek omnichannel access, value, variety and experiences.

Residential & Mixed Use
Mixed-use Maplewood property sold to investor, Zoltek says

A local investor has acquired a mixed-use retail and residential property in one of Maplewood’s main business districts, according to the brokerage firm Zoltek Realty.

Office
SJP details plans for new 130,000 sq. ft. fitness complex in Bridgewater

SJP Properties and Life Time, the national fitness operator, have unveiled plans for what they say will be a first-of-its-kind health and entertainment complex at a Bridgewater office campus.

Retail
New ownership ditches plan for Sayreville ‘fortress mall,’ report says

A joint venture has scrapped a long-awaited plan to build a futuristic, 2.2 million-square-foot “fortress mall” along the Garden State Parkway, replacing it with a proposal for a mixed-use, urban-style retail village that is more in line with changing consumer tastes.

Retail
K&G leases 18,500 sq. ft. at Azarian complex in Passaic County

The Azarian Group LLC has added a men’s fashion retailer to its tenant roster at a 50,000-square-foot shopping center in Woodland Park, the firm announced recently.

Retail
LMC: Restaurant inks second N.J. location in Franklin Twp.

An Afghan and Middle Eastern restaurant business is set to expand into Somerset County, following a commitment to a 266,000-square-foot shopping center in Franklin Township.