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
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.

Retail
Jersey Shore retail, apartment property sells for $2.4 million

A mixed-use, 9,560-square-foot property in Manasquan has traded for $2.4 million, Marcus & Millichap said Tuesday.

Retail
HFF: 116K sq. ft. shopping center sells for $36 million

A sprawling grocery-anchored shopping center in East Orange has changed hands, following a sale brokered by HFF’s New Jersey office.

Retail
Union County 7-Eleven site fetches $2.5M

A developer has sold a 2,800-square-foot 7-Eleven property at the border of Plainfield and Fanwood for more than $2.5 million, Marcus & Millichap announced Monday.

Retail
Kislak: Family sells Hudson County retail center after 30 years

Investors have paid nearly $10 million for a Bayonne shopping center anchored by a Family Dollar, in a retail investment sale brokered by The Kislak Co. Inc.

Retail
Marcus & Millichap brokers sales in Bergen, Middlesex

A pair of retail properties in Bergen and Middlesex counties have new owners following separate investment sales arranged by Marcus & Millichap.

Residential & Mixed Use
Three months in, new Hoboken building hits leasing milestone

Advance Realty, the developer of Harlow in Hoboken, announced Friday that the 140-unit property is more than 50 percent leased barely three months after opening.

Finance & Capital Markets
Investors: N.J. office, retail sites among $100M in recent loans

With an uptick in demand that started last fall, lenders with Investors Bank have financed more than $100 million in commercial real estate transactions in recent weeks.