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
McDonald’s takes 4,500 sq. ft. for new store in Oakland, Goldstein Group says

A new McDonalds is coming to a key thoroughfare in Oakland after a 4,500-square-foot lease arranged by The Goldstein Group, the brokerage team announced Monday.

Editor’s Note
High stakes for CRE

Advocacy is central to a four-year strategic plan that NAIOP New Jersey unveiled at the start of 2025, as are other key goals such as creating new value for NAIOP members and improving the perception that public officials, residents and other outside stakeholders have of the commercial real estate sector. The blueprint also calls for elevating the chapter’s position in the industry, enhancing partnerships with academia and expanding its community service programs.

Retail
Macerich taps CBRE as leasing partner at 1 million sq. ft. Deptford Mall

The owner of the Deptford Mall in Gloucester County has teamed with CBRE to boost leasing activity at the 1 million-square-foot property.

Top News
Jersey Pickleball Club to debut at Bell Works Holmdel on Nov. 1

A new indoor pickleball venue is set to open at the Bell Works campus in Holmdel, adding to the long list of features at the 2 million-square-foot office, retail and community destination.

Retail
Vita & Vita lands planning board approval to expand Lincoln Park shopping center

Vita & Vita Realty Corp. is moving ahead with a fresh addition to its footprint in Lincoln Park after securing approvals to expand a busy retail property along Route 202.

Food & Beverage
Fogo de Chão takes high-profile pad site on Route 1 in West Windsor, Zoltek says

A new Fogo de Chão restaurant is coming to West Windsor after a lease arranged by Zoltek Commercial Real Estate Services.

Residential & Mixed Use
Harrison property with six rentals, retail space trades for $1.1 million, Cervelli says

An investor has purchased a six-unit apartment building with retail space in Harrison for $1.11 million, according to a team with Cervelli Real Estate & Property Management.

Professional Services
Katz & Associates adds Zimmerman as senior vice president for investment sales

Longtime broker Michael Zimmerman has joined Katz & Associates to expand the Englewood Cliffs-based firm’s investment sales business.

Retail
Health and wellness, restaurant leases among latest North Jersey deals by Goldstein Group

A gymnastics school has taken 10,000 square feet in the Bergen County borough of Northvale, in one of six newly announced deals by The Goldstein Group.

Retail
Prism, dental practice ink lease to fill last retail space at The Nell in Dunellen

Prism Capital Partners has filled the final retail space at a mixed-use development in Dunellen, securing a new 3,800-square-foot lease with a full-service dental practice.