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
Fennelly: Retail condo sale, three leases among newest deals at Plainsboro Village Center

A wellness studio has acquired a nearly 5,000-square-foot retail condominium in downtown Plainsboro for $1.23 million, a broker with Fennelly Associates announced Thursday.

Retail
Route 73 strip center changes hands among private investors, Vantage Commercial says

A private investor has purchased a nearly 15,000-square-foot strip mall along Route 73 in Burlington County, in a newly announced deal by Vantage Commercial.

Retail
LMC: Tropical Smoothie Café leases 1,700 sq. ft. at North Brunswick retail center

Tropical Smoothie Café has taken 1,700 square feet for a new location along Route 1 in Middlesex County, according to a leasing team with Levin Management Corp.

Retail
Vita & Vita, Sport Clips ink 1,000 sq. ft. lease to fill Lincoln Park retail center

Vita & Vita Realty Corp. has leased 1,000 square feet in Lincoln Park to Sport Clips, securing a new tenant for a shopping center along Route 202.

Deals
Resource Realty of Northern New Jersey touts 866,000 sq. ft. in leases, sales at midyear

Three key asset classes have fueled leasing and sales activity for Resource Realty of Northern New Jersey, helping it complete more than 40 transactions during the first half of 2024.

Retail
Trio of drive-thru retail pad sites in Mercer, Somerset counties on the market, Pierson says

Three freestanding retail properties in Mercer and Somerset counties have hit the market for lease, each with a drive-thru, in a set of new listings by Pierson Commercial.

Top News
NAI Hanson: Buyer wanted for prime development site in downtown Hackensack

A development site across from Hackensack University Medical Center is on the market for sale, offering the potential to build everything from housing to laboratory space to structured parking.

Retail
Acadia, Fortress sell 153,000 sq. ft. Paramus retail center for $37 million, C&W says

A joint venture has sold a retail center on Route 17 South in Paramus for nearly $37 million, in a newly announced deal by Cushman & Wakefield.

Retail
Dollar Tree leases 6,100 square feet at Sanzari-owned retail center in Hackensack

A new Dollar Tree is coming to Hackensack after leasing nearly 6,100 square feet at Alfred Sanzari Enterprises’ Summit Plaza property off Route 17.

Retail
Montvale Liquors, a 4,700 sq. ft. boutique store, to open on South Kinderkamack Road

Montvale Liquors, a 4,700-square-foot boutique store, will open at the CVS Center on South Kinderkamack Road in Montvale, Levin Management Corp. announced.