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
Nail spa is newest tenant at Hamilton retail center

A nail salon has leased 2,250 square feet at Hamilton Plaza, a 175,400-square-foot shopping center along Route 33 in Hamilton Township.

Retail
Fast food sites sold in Hudson County, Marcus & Millichap says

Two net leased fast food properties in Hudson County have new owners, following separate deals announced Tuesday by Marcus & Millichap.

Professional Services
New Weichert Commercial unit aims to help investor clients

Weichert Commercial Brokerage Inc. has launched a new platform aimed at assisting clients seeking to invest in commercial real estate, the company announced Tuesday.

Retail
New owner plans upgrades to 54k sq. ft. Newark retail site

A real estate investment firm has acquired a retail property across from Newark’s University Hospital, with plans to make a series of improvements geared toward attracting retailers, medical offices and other users.

Industrial
HVAC wholesaler plans upgrades for newly acquired Perth Amboy site

A company that sells supplies for contractors and plumbers has acquired a 9,000-square-foot building in Perth Amboy, Rosengarten Realty & Development announced Monday.

Retail
Furniture seller joins Route 17 retail corridor, Goldstein says

An internationally based furniture seller has leased 7,000 square feet along Route 17 in Paramus, the Goldstein Group said Monday.

People
Onyx announces new chief investment officer

Real estate investment firm Onyx Equities has promoted Stephen Sullivan to chief investment officer, the Woodbridge-based company said Monday.

Residential & Mixed Use
Syndication group finds first deals in Essex, Bergen counties

The newly formed syndication arm of an area real estate firm has made its first two deals, closing on vacant office buildings in Newark and Hackensack that it now plans to reposition.

Retail
Macy’s closing 3 N.J. stores among nationwide cutbacks

Three Macy’s stores in New Jersey are among nearly 70 that will close nationwide this year, as the department store giant looks to streamline its costs and rethink its real estate strategy.

Retail
Levin announces new tenant at Jersey City retail complex

A Popeyes Louisiana Kitchen franchisee is the latest retailer to join a 94,000-square-foot shopping center in the southern end of Jersey City, according to the property’s manager.