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
NAI Hanson brokers Whole Foods building sale in Morristown

A retail property housing a Whole Foods in Morristown is under new ownership, following a sale orchestrated by NAI James E. Hanson.

Retail
Levin tapped to lease, manage South Jersey retail center

Levin Management Corp. will oversee leasing and management for a Burlington County shopping center after joint venture’s recent acquisition of the grocery-anchored property.

Deals
Supermarket leases space in Newark, Goldstein Group says

C-Town Supermarket has leased a 9,600-square-foot space in Newark, The Goldstein Group announced.

Retail
CBRE team brokers nearly $5M in sales

A retail property in Totowa is among four properties that traded recently in a string of transactions brokered by CBRE Group.

Retail
Ocean County retail site with STS trades for $1.175 million

An unnamed company has paid $1.175 million to acquire a nearly 10,000-square-foot retail site in Manchester, Marcus & Millichap announced Friday.

Finance & Capital Markets
Brokerage team closes $30M in deals since Labor Day

Two New Jersey-based brokers with Marcus & Millichap have kept busy in recent months, executing deals with a total value of more than $30 million threshold since Labor Day.

Residential & Mixed Use
N.Y. firm eyes 2.3M sq. ft. redevelopment of Newark stadium

A developer has closed on its acquisition of the former Newark Bears baseball stadium in the state’s largest city, paving the way for it to redevelop the site into a sprawling mixed-use neighborhood.

Retail
Denholtz gets OK for shopping center in Clark redevelopment

The Clark planning board has approved Denholtz Associates’ plans to redevelop part of a sprawling commercial complex near the Garden State Parkway, the firm announced.

Office
Office, retail tenants fill new Englewood building

A private school, a well-known cigar maker and a pharmaceutical firm are among the tenants that have brought a new 46,000-square-foot Englewood commercial building to full occupancy.

Retail
Marcus & Millichap brokers Burlington County retail sale

An 8,110-square-foot retail property in Marlton has changed hands between private investors, in a nearly $1.6 million deal brokered by Marcus & Millichap.