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.

Residential & Mixed Use
EDA extends opportunity to acquire prime waterfront site in Camden

State officials have extended the deadline for developers to submit their proposals for transforming the waterfront site of a former prison in Camden.

Projects
NAIOP unveils deal of the year finalists for upcoming gala

With two months to go until its annual gala, NAIOP New Jersey has revealed the finalists for its Deal of the Year Awards.

Office
Firm hires former C&W broker to oversee leasing, management

As it makes acquisitions in key downtowns around New Jersey, a growing development and investment firm has added a director to oversee leasing and management of its portfolio.

Residential & Mixed Use
Developers buy Hackensack site for redevelopment, Alexander Anderson says

Developers plan to convert an office building in downtown Hackensack into 90 luxury apartments after acquiring the property for $2.5 million, according to brokers in the deal.

Retail
Goldstein Group touts nearly 20K sq. ft. in new retail deals

The Goldstein Group has announced more than a half-dozen new leases as part of a recent uptick in New Jersey’s retail real estate market.

Health Care & Education
A new lease on life: Prism, local officials prepare for ‘next chapter’ of Roche campus

The resurrection of the Roche property in Nutley and Clifton is well underway — and Prism Capital Partners is already seeing tangible signs of the promise that its sprawling campus holds.

Retail
Pierson: Four new tenants join Mercer County development

Pierson Commercial has brokered leases for four new retailers at the mixed-use development known as Downtown Robbinsville, the retail real estate services firm said Monday.

Retail
Monmouth County strip center sold for $9.2M

An investor has paid more than $9 million to acquire a Hazlet shopping center, part of a recent 1031 exchange transaction brokered by Marcus & Millichap.

Finance & Capital Markets
Wilcox secures $13.5M refi for Sussex County retail center

G.S. Wilcox & Co. has arranged the refinancing of a grocery-anchored, 140,000-square-foot shopping center in Sussex County for $13.5 million, the firm announced.

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.