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
SITE Centers selling 1.1 million-square-foot retail center near Princeton for $138 million

SITE Centers Corp. has agreed to sell a sprawling highway retail center in West Windsor for nearly $138 million, the real estate investment trust disclosed recently.

Office
HQ Plaza welcomes Morristown officials, business leaders with transformation now complete

The owners of the sprawling HQ Plaza complex in Morristown have unveiled its new-look concourse, having transformed the area that connects the property’s three office towers, a Hyatt Regency hotel and a growing mix of retailers and restaurants.

Retail
Investor buys 53,000 sq. ft. Lawrenceville retail center for $11.4 million, Marcus says

More than 53,000 square feet of retail space in Lawrence Township has changed hands for $11.35 million, in a newly announced deal by Marcus & Millichap.

Food & Beverage
Kushner inks deal with Felice to bring Italian eatery’s first N.J. location to Monmouth Square

Felice, a well-known Italian restaurant and wine bar, is coming to the new-look Monmouth Square property in Eatontown under a newly announced lease with Kushner.

Retail
Prism adds Chase, Chipotle to growing retail mix at ON3 campus

Prism Capital Partners has signed new leases to bring Chase and Chipotle to its ON3 campus in Clifton and Nutley, expanding its retail mix after the arrival of Starbucks late last year.

Retail
MilkShake Factory set to open in Jersey City, with two other New Jersey locations to follow

MilkShake Factory, a premium dessert brand, is entering New Jersey with three newly announced locations set to open over the next year.

Residential & Mixed Use
JLL: Site Centers sells Edgewater property with Whole Foods, 64 apartments for $53 million

A local investor has acquired a Whole Foods-anchored retail center and 64 apartments in Edgewater for more than $53 million, in a newly announced deal by JLL.

Residential & Mixed Use
Russo unveils 268-unit Belleville rental project, joining longtime local business owner

Russo Development is hailing the success of a new mixed-use apartment property in Belleville, where it has teamed with a well-known business to transform part of a key corridor.

Retail
Total Wine & More debuts 32,000 sq. ft. store at North Brunswick shopping center, LMC says

Total Wine & More has opened a new store in North Brunswick, where it occupies 32,000 square feet under a lease arranged by Levin Management Corp. and RIPCO Real Estate.

Top News
Reformation, eco-conscious fashion brand, opens in Short Hills after buildout by JRM

JRM Construction Management has completed its buildout of a new Reformation store at The Mall at Short Hills, helping to support the sustainable fashion brand’s expansion in New Jersey.