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
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.

Office
WCRE brokers sale of Moorestown building

A tutoring business has acquired a 6,500-square-foot commercial building in downtown Moorestown, in a sale arranged by Wolf Commercial Real Estate.

People
Contractor, developer names new senior project manager

Donnelly Construction has promoted a longtime employee to senior project manager, the Wayne-based general contractor and developer announced Friday.

Office
High-profile adaptive reuse project quickly taking shape in Newark

While Ironside Newark is still months away from completion, Edison Properties is moving quickly toward achieving its vision for the adaptive reuse project.

Retail
Jeffery Realty: Edison retail center fully leased, slated for upgrades

Major upgrades are coming to a 103,000-square-foot shopping center in Edison, which is now fully leased after a recent commitment by a national eye care chain.

Hospitality & Tourism
Holmdel OKs plan for rooftop hotel at Bell Works

Local officials have cleared the way for Somerset Development to build a new 200-room hotel atop Bell Works, its adaptive reuse of the iconic Bell Labs complex in Holmdel.

Industrial
Amazon, retailers fuel Q4 industrial gains in N.J.

Retailers accounted for more than a third of all industrial gains in northern and central New Jersey at the end of 2017, according to JLL, fueling what amounted to the second-highest net absorption total of any year since the recession ended.