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.

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.

ULI honors standout projects, CRE leaders at annual awards dinner (SLIDESHOW)

Eight projects and two key figures in New Jersey commercial real estate were among the honorees at an annual awards dinner hosted by the Urban Land Institute’s Northern New Jersey chapter, which drew a crowd of development executives and professionals.

Ripco: Retail, office tenants ink 15,000 sq. ft. at Harmon Meadow complex

The owners of a retail and office complex in Secaucus have inked new leases with 10 tenants, according to brokers with Ripco Real Estate who were involved in the transactions.

Bluemercury opens 1,900 sq. ft. store in downtown Millburn

Luxury beauty retailer Bluemercury has debuted its new 1,900-square-foot store in downtown Millburn, according to the nonprofit that oversees the central business district.

Professional Services

Benedetto joins Blau & Berg in business development role

The Blau & Berg Co. has hired a longtime commercial real estate broker and consultant in the state as its new director of business development.

New York Life touts $75 million loan for Bergen County retail center

New York Life Real Estate Investors has originated a $75 million loan secured by a recently redeveloped shopping center in Bergen County, the company said recently.

Bloomfield retail property sells for $3.45 million

A private investor has sold a Bloomfield retail property for nearly $3.5 million, according to brokers with Marcus & Millichap’s New Jersey office.

Net-leased building in Clifton fetches $1.75 million, Marcus & Millichap says

A developer has acquired an 11,550-square foot building in Clifton occupied by Dollar General, in a $1.75 million deal brokered by Marcus & Millichap.

Goldstein Group inks child care operator lease in Hamilton

An educational child care center has leased 8,500 square feet in a Hamilton retail complex, according to brokers with The Goldstein Group.

LMC: New lease, ShopRite expansion bring Manasquan center to full occupancy

A shopping center in southern Monmouth County has reached full occupancy with the addition of a new salon and the expansion of the property’s anchor supermarket.