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.

Villanova students win top spot in annual NAIOP college case study competition

A team of Villanova University students took top honors for this year’s NAIOP New Jersey case study competition, offering a winning plan to repurpose a former silk mill in Paterson. 

Mahwah strip center sells for $10.6 million, Marcus says

A private investor has sold a fully leased shopping center in Mahwah for nearly $11 million, under a newly completed transaction by Marcus & Millichap.

Commercial portfolio in Camden changes hands, Vantage RES says

A local business owner has acquired a series of commercial properties in Camden, under a newly announced transaction by Vantage Real Estate Services.

JLL: Owner of ex-Toys R Us headquarters eyes office, retail uses in repositioning plan

The new owner of the former Toys R Us headquarters in Wayne has tapped JLL to market the property, seeking a mixed-use, multitenant approach as it repositions the campus.

Realtors group acquires, plans headquarters at ex-Bennigan’s site in Bergen County

A realtors association has acquired a former restaurant building in Saddle Brook that it now plans to use as its future headquarters, according to brokers with The Goldstein Group.

Office, retail property in Haddonfield trades for $750,000

A local investor has purchased a 6,400-square-foot mixed-use property in downtown Haddonfield, under a newly announced sale by Markeim Chalmers Inc.

Hampshire lists retail, self-storage REIT on Singapore exchange

The Hampshire Cos. has announced the listing of a real estate investment trust on the Singapore Exchange, with a portfolio that spans 3.2 million square feet of retail and self-storage space.

Newark: LMC named leasing, managing agent at grocery-anchored center

The owner of a four-year-old, grocery-anchored shopping center in Newark has tapped Levin Management Corp. as its leasing and management agent.

Education tenants add locations in Paramus, Fairview

A landlord in Bergen County has signed two leases with education tenants for a combined 6,500 square feet, under a pair of deals announced by Lee & Associates New Jersey.

Grocery-anchored center in Denville trades for $23 million, C&W says

An investment firm has acquired a grocery-anchored shopping center in Denville for more than $20 million, under a newly announced sale by Cushman & Wakefield.