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
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.

Retail
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.

Retail
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.

Retail
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.

Retail
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.

Retail
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.

Retail
Food, service tenants among new retailers at Rowan University

Five new retail tenants are set to open at Rowan Boulevard, the $400 million development that has expanded Rowan University’s campus while helping to transform downtown Glassboro.

Retail
Retail, residential project in Hanover was more than a decade in the making

Following an environmental cleanup, a lengthy entitlement process and several hurdles along the way, Key Properties has marked the completion of a 107,000-square-foot shopping center known as Hanover Crossroads. The complex at 110 East Hanover Ave. became fully leased within 15 months of breaking ground — anchored by major tenants such as T.J.Maxx, HomeGoods, QuickChek and AutoZone — as other new retail projects have taken shape nearby.

Residential & Mixed Use
Business, community leaders break ground on long-awaited Mulberry Commons project in Newark

Stakeholders broke ground Monday on the long-awaited Mulberry Commons project, a 22-acre redevelopment that will create a sprawling park and public space at what had remained a sea of parking lots around the Prudential Center.