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.

Government & Public Policy
Perth Amboy, East Orange projects among five to receive EDA gap financing grants

Plans for a new 23-unit apartment building in Perth Amboy are moving ahead with the help of a grant approved last week by the state Economic Development Authority.

Retail
Lenwich, famed N.Y.C. sandwich chain, inks lease in Hoboken for first New Jersey store

A well-known Manhattan sandwich chain is expanding to New Jersey with a new location in downtown Hoboken, in a deal arranged by Atlantic Coastal Real Estate and Grid Real Estate.

Retail
TFE plans refresh of Route 35 shopping center after buying 70,000 sq. ft. property

TFE Properties has acquired a 70,000-square-foot retail center in Monmouth County, seeking to modernize the property to tap into other economic development efforts in the area.

Retail
Discounters, experiential users shine as LMC inks 570,000 sq. ft. in first-half leasing activity

Demand for retail space in the region is strong and steady, according to a prominent real estate services firm, thanks in large part to discount chains and experiential and fitness operators.

Retail
Report: Newark retail market booming with activity, opportunity amid $2 billion in unmet spending power

Newark’s retail market is thriving yet still largely untapped, according to a new report, revealing a chance for businesses to capture the full extent of residents’ $6 billion in spending power.

Retail
Kapi Klaw Entertainment leases 5,000 sq. ft. to join Edison shopping center, Chilmark says

The owner of a roughly 40,000-square-foot strip center in Edison has secured its latest tenant, in a newly announced deal by Chilmark Real Estate Services.

Retail
Azarian: Chiropractic, acupuncture office takes 1,300 sq. ft. at Ringwood shopping center

A new health care practice has leased nearly 1,300 square feet at a Passaic County shopping center, according to a brokerage team with Azarian Realty Co.

Retail
Vantage Commercial inks sale of Gloucester County car wash

The site of a car wash in Gloucester County has changed hands as part of a new transaction arranged by Vantage Commercial.

Retail
Vita & Vita leases 2,200 sq. ft. to The UPS Store, filling newest Lincoln Park retail center

Vita & Vita Realty Corp. has leased up a new shopping center in Lincoln Park after securing a deal with The UPS Store, the developer announced Wednesday.

Retail
Ex-Rite Aid building at key Somerville intersection trades for $2.6 million, Deluccia says

The site of a former Rite Aid in Somerville has changed hands for $2.6 million, in a newly announced deal by Deluccia Commercial Group.