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
Livingston retail, office property trades for $5.2 million, C&W says

A buyer has paid $5.2 million for a Livingston property with more than 27,000 square feet of retail and office space, brokers with Cushman & Wakefield announced.

Retail
Atlantic City: Vantage Commercial inks sale of 3.7-acre site slated for cannabis grow facility

The operator of a planned marijuana cultivation facility has acquired 3.7 acres in Atlantic City’s tourism district, brokers with Vantage Commercial announced Thursday.

Retail
Discount retailer takes 1,500 sq. ft. in Somerset, BRC says

A discount retailer has leased more than 1,500 square feet along Route 27 in the Somerset section of Franklin, in a newly announced deal by Bussel Realty Corp.

Retail
Norman’s Hallmark signs lease in Somers Point for latest South Jersey store

A new Norman’s Hallmark is coming to Atlantic County after signing a lease for more than 6,000 square feet in the city of Somers Point.

Retail
RIPCO marketing retail space at Hackensack medical office building, with endcap available

A rare endcap retail space is on the market at a well-known medical office building in downtown Hackensack, according to a leasing team with RIPCO Real Estate.

Retail
Cannabis dispensary takes 2,500 sq. ft. for new West Orange location, Blau & Berg says

A new cannabis dispensary is coming to West Orange after completing a lease for 2,500 square feet, in a newly announced deal by The Blau & Berg Co.

Retail
Investor adds 26,000 sq. ft. Clinton shopping center for $6.2 million, Marcus says

A private investor has acquired a Walgreens-anchored shopping center in Hunterdon County for nearly $6.2 million, brokers with Marcus & Millichap announced Monday.

Retail
H Mart opens at American Dream after lease brokered by Goldstein Group, Chaus Realty

A new H Mart has opened its doors at American Dream, occupying nearly 40,000 square feet inside the massive retail and entertainment complex in East Rutherford.

Professional Services
Broker joins Zoltek Commercial Real Estate Services as senior associate

Zoltek Commercial Real Estate Services has announced the hiring of a new senior associate.

Government & Public Policy
Murphy calls for five-year phaseout of liquor license cap, tax credit for existing holders

Gov. Phil Murphy has revealed new details of a proposal to update the state’s decades-old liquor licensing program, seeking to balance new economic growth with the interests of existing operators.