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
Albanese joins RIPCO as managing director focused on pad site sales, development

RIPCO Real Estate has made another key hire in the region, tapping industry veteran Jeffrey Albanese as a managing director in its Elmwood Park office.

Office
Jersey Shore office, retail properties trade in deals totaling $5.4 million, CBRE says

The owners of some 15,000 square feet of office and retail space in southern New Jersey have sold the two-property portfolio for a combined $5.35 million, brokers with CBRE announced.

Retail
KRH: Hackensack-based buyer adds 42,000 sq. ft. Passaic retail center

The site of a 42,000-square-foot retail center in Passaic has changed hands for $5.5 million, in a newly announced deal by KRH Realty LLC.

Retail
WCRE: ‘Rage room’ business leases 3,200 sq. ft. at Camden County retail center

A so-called rage room is coming to Camden County after taking 3,200 square feet of retail space on a major thoroughfare, according to a broker with Wolf Commercial Real Estate.

Retail
TFE sells 93,000 sq. ft. Fair Lawn shopping center one year after acquisition

TFE Properties has sold a nearly 93,000-square-foot shopping center with redevelopment potential in Fair Lawn, inking the deal less than a year after acquiring the property.

Retail
Urban Edge, Chip City ink 800 sq. ft. lease to fill Marlton shopping center

Urban Edge Properties has signed an 800-square-foot lease with Chip City Cookies, bringing another tenant to a grocery-anchored shopping center in Evesham Township.

Retail
Cannabis shop takes 8,500 sq. ft. in West New York, Goldstein Group says

A cannabis dispensary has leased 8,500 square feet along a key thoroughfare in northern Hudson County, in a transaction arranged by The Goldstein Group.

Retail
Cervelli: Guac Time, Mexican fusion restaurant, takes 2,900 sq. ft. in Jersey City

A growing restaurant concept has found its first New Jersey location, in Jersey City’s McGinley Square neighborhood, in a deal arranged by Cervelli Real Estate & Property Management.

Retail
Mediterranean restaurant adds fourth location with new lease in Somerville, Deluccia says

A restaurant operator is expanding to downtown Somerville, where it’s leasing 6,300 square feet by way of a deal arranged by Deluccia Commercial Group.

Top News
Prism lands approvals for long-awaited housing phase at ON3, among other major projects

Prism Capital Partners has secured three key approvals for its flagship ON3 campus in Clifton and Nutley, paving the way for new phases including a long-awaited residential component with nearly 1,100 multifamily units, along with a major research and development facility.