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.

NAI Hanson inks 2,200 sq. ft. lease with nurse staffing firm

A nursing staff company has leased 2,200 square feet of retail space in Bergenfield, in a transaction brokered by NAI James E. Hanson.

New retailers commit to downtown Englewood, Ripco says

Seven retailers have signed leases in downtown Englewood, committing to more than 26,000 square feet in total under a series of deals announced by Ripco Real Estate.

New owner of Toms River shopping center taps LMC as leasing, managing agent

After acquiring a 120,350-square-foot shopping center in Toms River, a joint venture has tapped Levin Management Corp. to oversee leasing at the property.

Urban logistics set to change industrial real estate’s competitive landscape

The rising demand for sites that will support urban logistics centers has driven growth in Northern New Jersey, while also creating competition among developers, as forgotten industrial markets reemerge. Retailers, parcel carriers and food and beverage companies have all increased their demand for industrial space less than ten miles from Manhattan. Formerly obsolete locations throughout New York’s boroughs are reemerging as competitive alternatives to the New Jersey markets.

Ripco adds salesperson in N.J. office

Ripco Real Estate has expanded its brokerage team in New Jersey with the hiring of a new salesperson, the retail real estate firm announced recently.

Raymour & Flanigan buys South Jersey shopping center

Furniture seller Raymour & Flanigan has acquired an 81,000-square-foot shopping center in Burlington County, in a transaction brokered by Colliers International.

Pierson touts new Jersey Mike’s stores in northern, central N.J.

Jersey Mike’s Subs has expanded its footprint in its home state, leasing more than 10,000 square feet over the past year across seven locations in northern and central New Jersey.

Mount Holly retail center inks 7,500 sq. ft. lease with liquor store, LMC says

A liquor store has joined the tenant roster at a Mount Holly shopping center, following a 7,500-square-foot lease brokered by Levin Management Corp.

Growing art school concept adds four N.J. and N.Y. locations, Colliers says

Colliers International has brokered more than 12,000 square feet in recent leases for a growing art school operator in the region, including transactions in Bergen and Essex counties.

Jeffery Realty inks 1,100 sq. ft. lease with fruit bowl concept in Hillsborough

A smoothie and fruit bowl restaurant will occupy 1,100 square feet at a Hillsborough shopping center, following a lease brokered by Jeffery Realty.