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
Quinas arranges sale of long-vacant retail property in Newark for $625,000

The site of a vacant 2,500-square-foot retail property in Newark has changed hands for $625,000, in a newly announced deal by The Quinas Cos. Inc.

Finance & Capital Markets
Lenders Capital closes $2 million loan for Hullfish restaurant project in Lawrenceville

A property owner in Lawrence Township has secured a $2 million loan for a plan to build a new restaurant in the town, in a deal arranged by Lenders Capital Realty Services.

Residential & Mixed Use
Deluccia inks sale of six-unit apartment, retail building in downtown Somerville

A local family has sold a six-unit apartment and retail building in downtown Somerville, in a newly announced deal by Deluccia Commercial Group.

Retail
Bridgewater shopping center welcomes 7,400 sq. ft. Liquor Cave, LMC says

A new liquor store has opened its doors at a 219,000-square-foot retail property in Bridgewater, according to a leasing team with Levin Management Corp.

Retail
Marcus: Net-leased 7-Eleven convenience, gas property in Freehold trades for $4.7 million

A local investor has purchased a net-leased 7-Eleven property in Freehold for $4.7 million, in a deal arranged by Marcus & Millichap.

Retail
Investor buys 20,000 sq. ft. Flemington strip center for $3.2 million, BRC says

A fully leased, 20,000-square-foot strip center in Flemington has changed hands for more than $3 million, in a newly announced deal by Bussel Realty Corp.

Retail
Honeygrow opens in Bridgewater as stir fry, salad chain grows to eight New Jersey stores

Stir fry and salad restaurant honeygrow has opened the doors to a new store in Bridgewater, marking the eighth New Jersey location for the Philadelphia-based chain.

Retail
The Fresh Grocer operated by Inserra to open 31,000 sq. ft. store in Ringwood

Inserra Supermarkets is coming to a Passaic County shopping center under a newly announced 31,000-square-foot lease with The Azarian Group LLC.

Retail
Vantage Commercial: Mixed-use portfolio trades as Atlantic County business winds down

The longtime owners of an Atlantic County hardware store business have sold two mixed-use commercial properties, in a newly announced deal by Vantage Commercial.

Retail
CBRE: Pasbjerg sells 376,000 sq. ft. portfolio of ShopRite-anchored centers in Ocean County

A developer has sold more than 376,000 square feet of grocery-anchored retail space across three properties in Ocean County, in a newly announced deal by CBRE.