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.

Top News
Kaplan ramps up commercial unit with projects in self-storage, modern retail

Kaplan Cos. is stepping up the expansion of its commercial division, with a focus on new self-storage development and efforts to reposition retail assets to meet changing consumer needs.

Retail
Somerset shopping center adds Indian restaurant in 2,500 sq. ft. deal by Bussel Realty Corp.

An Indian restaurant has leased more than 2,500 square feet at a retail center in Franklin’s Somerset section, in a newly announced deal by Bussel Realty Corp.

Retail
LMC inks 1,400 sq. ft. deal with spa business, adding to Long Island retail center

A spa and wellness center has taken 1,400 square feet at a Long Island retail property, in a newly announced deal by North Plainfield-based Levin Management Corp.

Top News
NAIDB: Middlesex, Union counties stand out as rising rates weigh on N.J. investment sales

Middlesex and Union counties emerged as key focal points for commercial real estate investors in the first half of 2023, accounting for some $700 million in sales through midyear.

Residential & Mixed Use
Investor sells 18 apartments, two retail spaces in Elizabeth portfolio deal, Kislak says

A private investor has purchased a combined 18 apartments and two retail spaces in Elizabeth for more than $4 million, in a newly announced deal by The Kislak Co. Inc.

Retail
March Construction eyes spring 2024 delivery for newest Wayne retail center

Construction is underway on a new ground-up retail center in Wayne that will bring a mix of eateries and services to one of the township’s busiest shopping corridors.

Retail
Printing company takes space at Warren County retail center, KW Commercial Clinton says

A printing and marketing company has signed a long-term lease at a Warren County retail center, in a newly announced deal by KW Commercial Clinton.

Retail
NAI Hanson: Buyer wanted for 133,000 sq. ft. Riverdale retail property with BJ’s, Staples

A highway retail property that’s leased to BJ’s Wholesale Club and Staples is on the market for sale in Riverdale, brokers with NAI James E. Hanson announced Wednesday.

Retail
P.C. Richard, HomeSense take 57,000 sq. ft. at ex-Bed Bath site in Iselin, Jeffery Realty says

Two well-known retailers have leased a combined 57,000 square feet in the Iselin section of Woodbridge, where they are backfilling a former Bed Bath & Beyond store.

Retail
Piano shop sells 4,000 sq. ft. showroom property in Lawrenceville, Fennelly says

A freestanding showroom and retail property in Mercer County has found a second life after a newly completed deal by Fennelly Associates.