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.

Residential & Mixed Use
Woodmont touts leasing milestone at Metuchen rental project (SLIDESHOW)

Woodmont Properties is marking a leasing milestone at its new project in Metuchen, a 273-unit rental community just steps from the borough’s train station and downtown.

Retail
Chipotle commits to Hillsborough retail center, Jeffery Realty says

Chipotle has leased more than 2,200 square feet at a shopping center in Hillsborough, in a deal arranged by Jeffery Realty.

Retail
LMC: Chiropractor leases 1,600 sq. ft. in West Orange

A chiropractor has joined the tenant roster at a West Orange shopping center, following a 1,600-square-foot lease arranged by Levin Management Corp.

Residential & Mixed Use
Capodagli, local officials break ground on new Roselle Park rental community

A developer is set to transform a tired stretch of Route 28 in Roselle Park, with plans to build more than 200 new apartments and street-level retail space over the next two years.

Retail
Long-awaited land sale clears the way for supermarket, apartments

A developer has acquired a long-contested parcel in New Milford, following years of approvals and litigation that will now give way to a new supermarket and apartments in the borough.

Retail
HFF: Well-known Jersey Shore retail center refinances for $43.6 million

The owner of a high-end, 148,000-square-foot retail center in Monmouth County has refinanced for $43.6 million, in a transaction arranged by brokers with HFF.

Retail
Starbucks fills ex-bank building in Ridgewood, Goldstein Group says

A new Starbucks is set to occupy a former bank building in Bergen County, following a transaction arranged by brokers with The Goldstein Group.

Retail
LMC: Lease brings new McDonald’s to Middlesex

A newly built, 3,500-square-foot McDonald’s has opened its doors in the borough of Middlesex, following a lease arranged by brokers with Levin Management Corp.

Retail
HFF brokers $21 million sale of Toms River shopping center

Investors have acquired a 120,349-square-foot community shopping center in Toms River, in a $21.1 million deal arranged by brokers with HFF.

Finance & Capital Markets
Case launches small loan program for projects nearing stabilization

Case Real Estate Capital LLC, a commercial real estate investment and financing firm, has launched a new program to provide lower-interest loans for properties that are close to stabilization.