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.

Deals
New York investor grabs Hudson County office, retail property for $1.1 million, Marcus says

An out-of-state buyer has scooped up a 3,900-square-foot office and retail property in West New York, paying $1.1 million in a transaction arranged by Marcus & Millichap.

Featured
A new destination: Edgewood, Paramount advance plans to revive East Brunswick mall as open-air lifestyle center

Edgewood Properties and Paramount Realty have unveiled plans to transform the 775,000-square-foot Brunswick Square Mall in East Brunswick into a modern, open-air destination for the community — one that includes not just retail but a complementary mix of heath care, fitness and lifestyle uses that will revitalize the outdated, slumping shopping center on Route 18.

Events
Jersey City Summit returns June 4 in latest showcase of region’s largest, most impactful projects

With less than a month to go until the Jersey City Summit for Real Estate, Economic Development & Innovation, the annual event is shaping up to be bigger than ever.

Deals
Midland Park retail property trades for $2.8 million, Horvath & Tremblay says

A private investor has purchased nearly 14,000 square feet of retail space in Midland Park for some $2.83 million, in a transaction arranged by Horvath & Tremblay.

Events
Join us June 9 for Capital at the Crossroads — presented by JLL and Real Estate NJ

Join us as commercial real estate leaders explore the future of New Jersey’s retail sector, from major mixed-use developments around legacy malls to food and beverage trends and regulatory changes that loom large for the asset class.

Retail
KRE Group welcomes Uni Uni Bubble Tea to 485 Marin in Jersey City

A new bubble tea shop has arrived in downtown Jersey City, where it’s leasing space at one of KRE Group’s most distinctive luxury apartment towers.

Residential & Mixed Use
URW, Mill Creek break ground on new town green with 575 rentals at Garden State Plaza

A long-awaited plan to expand and diversify Westfield Garden State Plaza in Paramus is moving ahead with construction set to begin on a new public plaza and 575 luxury apartments.

Retail
PRCP closes $54 million sale of high-end Bridgewater retail center to Urban Edge, JLL says

Urban Edge Properties has completed its purchase of more than 92,000 square feet of upscale retail space in Bridgewater, in a $54.3 million deal arranged by JLL.

Retail
Investor buys 8,000 sq. ft. strip center in Jackson, Marcus & Millichap says

A local private investor has closed on its purchase of an 8,000-square-foot retail center in Jackson, in a newly announced deal by Marcus & Millichap.

Retail
Silbert: Indoor golf facility takes 4,700 sq. ft. to fill Branchburg shopping center

An indoor golf simulator is coming to a grocery-anchored retail complex in Branchburg following a lease secured recently by Silbert Realty & Management.