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.

Health care, social causes among latest recipients of Sanzari Family Foundation grants

The Alfred N. Sanzari Family Foundation has awarded more than $50,000 to nine local nonprofits as part of its spring 2024 grant program.

Sheldon Gross: Stone fabricator, installer inks 850 sq. ft. renewal in Morristown

A stone fabricator and installer has signed an 850-square-foot lease renewal for its storefront in downtown Morristown, in a deal arranged by Sheldon Gross Realty.

Goldstein Group inks sale of freestanding retail assets in Bergen, Rockland counties

A private business has acquired the site of a freestanding former liquor store in Upper Saddle River, in one of two newly announced deals by The Goldstein Group.

Deals with Bath & Body Works, Jersey Mike’s bring Millville center to 99 percent leased

Irgang Group has all but leased up a 393,000-square-foot power center in Millville after securing new leases with Bath & Body Works, AAA and Jersey Mike’s.

Investor sells 6,000 sq. ft. retail property in Burlington County, WCRE says

An investor has sold a 6,000-square-foot shopping center in the Burlington County township of Medford, a broker with Wolf Commercial Real Estate announced Friday.

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.

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.

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.

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.

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.