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
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.

Retail
Pilates chain set to continue rapid expansion in N.J., Ripco says

A fast-growing Pilates chain has added roughly 20 locations in New Jersey in the past two years, with plans to add at least another 10 in the state as part a continued nationwide expansion.

Finance & Capital Markets
HFF brokers $17.4 million acquisition loan for Toms River retail center

A joint venture has closed on a Toms River shopping center with the help of $17.4 million in acquisition financing from an area bank, brokerage firm HFF said Monday.

Retail
Woodbridge strip center fetches $1.35 million, Marcus & Millichap says

A private investor has paid $1.35 million for a 5,850-square-foot strip center in Woodbridge.

Retail
Ripco: Farmers market lease brings Saddle Brook retail center to full occupancy

A farmers market will be the latest addition to a 220,000-square-foot shopping center in Bergen County, according to brokers with Ripco Real Estate who arranged the transaction.

Retail
Dumpling, dessert eateries coming to Edison retail center, Jeffery says

Two new food concepts are set to join a highway shopping center in Edison, following a nearly 3,000-square-foot deal brokered by Jeffery Realty.

Retail
Pierson: Fast casual pizza concept adds two N.J. locations

Fast casual chain Blaze Pizza has expanded its footprint with the addition of two new stores in Somerset and Essex counties, according to a broker with Pierson Commercial.

Retail
Five retailers ink new leases in Hoboken, Ripco says

Cosmetics chain Sephora has leased 2,450 square feet for what will be its first store in Hoboken, one of five new retail deals in the city announced this week by Ripco Real Estate.

Retail
Hampshire sells QuickChek building in Bergen County

The Hampshire Cos. has sold a 4,700-square-foot, freestanding QuickChek store in Bergen County, the Morristown-based real estate investment firm said Monday.

Retail
Retail leasing veteran joins Goldstein Group urban division

By Joshua Burd The Goldstein Group has added a vice president in its newly formed brokerage unit focused on mixed-use retail property in downtown and urban markets. In a news release, the firm announced the hiring of Ralph Hanan as…