Drawing inspiration from mixed-use shopping destinations across the country, the Kushner Cos. has detailed its revamped plans to modernize and reposition the Monmouth Mall in Eatontown.
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.
JLL: Retail sectors blossom in northern New Jersey
New Jersey has a strong retail environment due its population density, which is higher than the national average. Retailers are also attracted to the Garden State’s proximity to New York, which is one of the world’s retail capitals. A large percentage of New Jersey’s population is in Northern New Jersey and retailers targeting consumers have plenty of space options along Interstate 95, The Garden State Parkway and U.S. Route 1/9.
