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
Marcus & Millichap touts banner year for northern New Jersey team

Brian Hosey By Joshua Burd Marcus & Millichap’s northern New Jersey office is trending upward, touting a year in which its total number of transactions grew by 44 percent. The brokerage said Thursday that its Saddle Brook-based team is one…

Retail
Dollar store set to backfill ex-pharmacy space in Middlesex Co.

A new Dollar General store is coming to a former Walgreens space in South Plainfield, under a 9,100-square-foot lease announced this week by Jeffery Realty.

Retail
NAI Hanson: CVS coming to vacant industrial site in Little Ferry

CVS Pharmacy has acquired a vacant warehouse in downtown Little Ferry, with plans to raze the building and develop a nearly 16,000-square-foot store in its place.

Retail
Pierson touts fruit bowl, Verizon leases in Middlesex County

A fruit bowl restaurant and a Verizon dealer are among the newest tenants for an area landlord in Middlesex County, following separate leases announced this week by Pierson Commercial.

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.