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
Tutoring center takes 3,300 sq. ft. at Livingston Town Center, Azarian says

A tutoring business has leased more than 3,300 square feet at the mixed-use Livingston Town Center along Route 10, in one of two newly announced deals by Azarian Realty Co.

Retail
Wayfair coming to Princeton market with new 135,000 sq. ft. brick-and-mortar store

A new 135,000-square-foot Wayfair store is coming to the Princeton area, as the online home furnishings retailer continues to build its brick-and-mortar footprint across the country.

Food & Beverage
Doren Development bringing Bojangles to newly acquired Mount Holly restaurant site

Doren Development has acquired a drive-thru restaurant property in Mount Holly that’s now slated to become a new location for Bojangles, the Southern-style restaurant chain.

Retail
Convenience store coming to West Side Square as Jersey City project’s first retail tenant

The highly anticipated West Side Square project in Jersey City has its first retail tenant, securing a convenience store that will serve the property’s residents and those in the surrounding area.

Retail
Purity Water accelerates franchise plan with five new retail leases in New Jersey, JLL says

Purity Water, a growing wellness concept, has added five new storefronts in New Jersey as part of a franchise expansion guided by JLL’s leasing team in the region.

Retail
RIPCO: 7 Brew continues expansion with five new leases in New Jersey, New York

Drive-thru coffee chain 7 Brew has signed four new leases in New Jersey and another in New York’s Rockland County, adding to its fast-growing footprint across the Northeast.

Retail
Ex-dollar store property in Burlington sells for $2 million, Rose Commercial says

Madd Equities LLC has sold a freestanding 15,000-square-foot retail building in Burlington for nearly $2 million, in a newly announced deal by Rose Commercial Real Estate.

Finance & Capital Markets
CBRE: Lincoln Financial provides $21 million refi for Hoboken office, retail property

The owner of more than 42,000 square feet of office and retail space in uptown Hoboken has refinanced the property, securing a $21.12 million loan in a deal arranged by CBRE.

Finance & Capital Markets
Integritas, Kriss lend $220 million for Journal Square project with 542 rentals, 154-key hotel

A development team has scored $220 million in financing to complete a 56-story high-rise in Jersey City, one that’s slated to include 542 apartments and a 154-key hotel after it was redesigned mid-construction to allow for a major expansion.

Retail
Owner of Staten Island shopping center taps LMC for management, leasing services

Levin Management Corp. has expanded its presence in and around New York City with a new assignment at a 154,000-square-foot retail property in Staten Island.