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 brokers sale of net-leased dollar store in Orange

A developer has sold an 8,020-square-foot Family Dollar property in Essex County for just over $2 million, according to Marcus & Millichap.

Current Issue
The suburbs need to adapt: A roadmap for towns to reinvent themselves

By Peter S. Reinhart We all get older until we don’t. During our lifetime, our bodies age and we do our best to slow down the process of aging, but inevitably the end arrives. The use of our land is…

Retail
Former gas station site in West Caldwell sold, slated for redevelopment

A local developer has acquired a former gas station site in West Caldwell that has approvals to be rebuilt as a retail bank, in a sale brokered by NAI James E. Hanson.

Retail
New owners plan $5 million makeover at Mercer County retail center

A joint venture has acquired a nearly 400,000-square-foot shopping center in Mercer County and is now planning some $5 million in upgrades at the grocery-anchored property.

Retail
LMC brokers restaurant lease in Somerset County

An Asian restaurant is the latest addition to a Somerset County shopping center after inking a 4,000-square-foot lease at the property, Levin Management Corp. said Tuesday.

Residential & Mixed Use
Planting the seed: Developer pitching concept plan for redeveloping 653-acre former research complex

There was a time when the sprawling former American Cyanamid complex in West Windsor bustled with more than 1,000 employees and agricultural researchers. A developer hopes to see the property bustling once again — but in a much different way.

Retail
Bergen County bank building fetches $6.5 million, Goldstein Group says

Investors have acquired a 13,000-square-foot bank building in Englewood Cliffs, The Goldstein Group announced Monday after brokering the $6.5 million deal.

The Rundown
Bebe to close all stores, including 9 in N.J.

Women’s clothing chain Bebe will close all of its stores, including nine in New Jersey, making it the latest national retailer that’s slated to leave behind vacant spaces around the state and across the country.

Retail
Tucker unveils seven new retailers at Springfield Avenue project in Newark

The retail portion of Tucker Development’s major mixed-use project in Newark is now 85 percent leased after recent commitments from seven new retailers, the firm said Thursday.

Retail
New hire bolsters JLL retail team in New Jersey

JLL has continued the expansion of its retail brokerage team in New Jersey with the hiring of Eduardo Pena, an industry expert with more than 20 years of experience.