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.

Office
Firm hires former C&W broker to oversee leasing, management

As it makes acquisitions in key downtowns around New Jersey, a growing development and investment firm has added a director to oversee leasing and management of its portfolio.

Residential & Mixed Use
Developers buy Hackensack site for redevelopment, Alexander Anderson says

Developers plan to convert an office building in downtown Hackensack into 90 luxury apartments after acquiring the property for $2.5 million, according to brokers in the deal.

Retail
Goldstein Group touts nearly 20K sq. ft. in new retail deals

The Goldstein Group has announced more than a half-dozen new leases as part of a recent uptick in New Jersey’s retail real estate market.

Health Care & Education
A new lease on life: Prism, local officials prepare for ‘next chapter’ of Roche campus

The resurrection of the Roche property in Nutley and Clifton is well underway — and Prism Capital Partners is already seeing tangible signs of the promise that its sprawling campus holds.

Retail
Pierson: Four new tenants join Mercer County development

Pierson Commercial has brokered leases for four new retailers at the mixed-use development known as Downtown Robbinsville, the retail real estate services firm said Monday.

Retail
Monmouth County strip center sold for $9.2M

An investor has paid more than $9 million to acquire a Hazlet shopping center, part of a recent 1031 exchange transaction brokered by Marcus & Millichap.

Finance & Capital Markets
Wilcox secures $13.5M refi for Sussex County retail center

G.S. Wilcox & Co. has arranged the refinancing of a grocery-anchored, 140,000-square-foot shopping center in Sussex County for $13.5 million, the firm announced.

Retail
Movie theater’s lease to continue after Madison building sale

A movie theater at a historic Madison building will continue to operate after the recent sale of the property to a development and investment firm, according to a broker involved with the sale.

Retail
Brunelli: Asian grocery chain seeking to expand

R.J. Brunelli & Co. LLC, has been named the exclusive broker to help serve an Asian grocery retailer’s expansion plans New Jersey, New York and Pennsylvania, the firm said.

Retail
Ripco: Italian specialty food chain expands into Morris County

A seller of homemade ravioli and specialty products has opened a new location in Florham Park, following a deal brokered by agents with Ripco Real Estate.