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.

Finance & Capital Markets
N.J. team brokers $390M sale of retail assets in New York, Alabama

Brokers in HFF’s Florham Park office have closed a $390 million sale of a 4.5 million-square-foot retail portfolio spread across New York and Alabama, the firm announced.

Retail
Goldstein Group brokers sale of Wayne retail buildings

An investment firm has acquired two properties occupied by furniture retailers along Route 46 in Wayne, the Goldstein Group said Tuesday.

Retail
Marcus & Millichap brokers 15,000 sq. ft. retail sale in Somerset County

A retail center in Bridgewater has a new owner after a nearly $3.5 million investment sale arranged by Marcus & Millichap, the investment sales brokerage announced Monday.

Retail
C&W brokers sale of three Bayonne properties

Three mixed-use and commercial properties in Bayonne have new owners after a series of deals announced Thursday by Cushman & Wakefield.

Retail
Supermarket fills void in Irvington shopping center

A new SuperFresh has opened its doors in Irvington in a space once occupied by Pathmark.

Retail
Sanzari inks renewals at Hackensack retail plaza

Four tenants have renewed leases totaling 10,250 square feet at a 100,000-square-foot shopping center in Hackensack, the property’s owner announced Monday.

Retail
After legal victory, American Dream developer looks to bond sale

The developer seeking to complete the American Dream Meadowlands project is moving ahead with plans to seek $1.15 billion in bonds for the project, now that an opposition group has agreed to drop its challenge.

People
Levin hires new VP of property management

Gilbert Bankston has joined Levin Management as vice president of property management, the real estate services firm announced Thursday.

The Rundown
Court dismisses challenge to American Dream bond sale

A state appeals court has ruled in favor of the state’s efforts to complete the American Dream Meadowlands project, dismissing a challenge to a $1.15 billion bond issuance that would help a developer resume construction at the stalled retail and entertainment complex.

Retail
Burlington County retail project attracts its first tenant

A developer has signed a fuel and food retailer as its first tenant at a planned 26,000-square-foot shopping center in Marlton, the company announced Tuesday.