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
Footwear seller joins tenant lineup at Morris County retail development

A shopping center that is under construction in Morris County has added a global shoe retailer to its roster, according to developer Key Properties LLC.

Retail
LMC: Growing fitness chain joins Watchung retail center

A program-based fitness operator has leased 3,000 square feet at a heavily trafficked shopping center along Route 22 in Watchung, according to Levin Management Corp.

Retail
Massage Envy, European Wax join Linden retail center

A prominent shopping center on Route 1 in Linden is set to welcome a Massage Envy and a European Wax location, under leases brokered by Jeffery Realty.

Retail
Kimco: New small-format Target store planned for South Jersey retail center

Target has leased 48,000 square feet in Haddon Township, where one of the company’s new small-format stores will anchor a repositioning project being overseen by Kimco Realty Corp.

Finance & Capital Markets
Meridian brokers $70 million loan for Somerset’s Bell Works project

Investors Bank is providing a $70 million loan to Somerset Development for its landmark Bell Works project in Holmdel, under a financing deal negotiated by Meridian Capital Group.

Retail
Walgreens in West Milford trades for $10.6 million

A private investor has paid more than $10.6 million for a triple-net-leased Walgreens property in West Milford, according to brokers with Marcus & Millichap who arranged the deal.

Retail
Somerset County retail center sells for $3.1 million, Marcus & Millichap says

A developer has sold an 8,400-square-foot retail center in Bound Brook for more than $3 million, in a deal brokered by Marcus & Millichap’s New Jersey office.

Retail
Flooring business opens at ex-Sports Authority site in Paramus

A former Sports Authority building in Paramus has found new life as a location for a flooring and tile seller that is expanding in New Jersey, The Goldstein Group said Monday.

Retail
Burger chain coming to mixed-use Bloomfield project

A fast casual burger chain is set to anchor the ground-floor retail space at a recently built, luxury apartment building in downtown Bloomfield, following a deal brokered by Ripco Real Estate.

Retail
NRDC looks to forge ahead with Wegmans-anchored lifestyle center in Middletown

A developer is hoping to build support for a plan that would bring a new high-end retail center to Middletown, one that it says will be a modern alternative to the aging, cookie-cutter strip malls and big-box stores that line the Route 35 shopping corridor.