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.

Residential & Mixed Use
Kushner eyes early 2025 launch for long-awaited, 1,723-unit rental project in Journal Square

Apartments at a massive mixed-use project in Jersey City are now just months away from hitting the market, with preleasing for the 1,723-unit property set to begin early next year.

Finance & Capital Markets
G.S. Wilcox sources loans totaling $25 million for Clifton, Mount Holly retail landlord

The owner of two shopping centers in Clifton and Mount Holly has secured a combined $25 million in financing, in a set of recent loans arranged by G.S. Wilcox & Co.

Retail
Investor adds 8,400 sq. ft. Moorestown daycare center in $5.4 million deal, Marcus says

A daycare center in Moorestown sold for some $5.4 million, brokers with Marcus & Millichap announced Tuesday.

Retail
Bennett Realty: Buyer wanted for 122,000 sq. ft. shopping center in Iselin

The owner of a 122,000-square-foot shopping center in Woodbridge has retained Bennett Realty & Development to sell the property, the Holmdel-based brokerage announced Tuesday.

Retail
Yoga studio takes 3,300 sq. ft. in downtown Summit in deal arranged by Sheldon Gross

A yoga studio has leased a 3,300-square-foot retail space in downtown Summit, Sheldon Gross Realty brokers announced last week.

Top News
Accordia 2.0: Inside the commercial real estate firm’s next chapter — and the story behind its new leadership team

Accordia is entering a new phase as a developer, investor and asset manager, with high-profile additions to its team, a revamped business plan and several major projects on the horizon.

Retail
Goldstein Group: McDonald’s leases 4,500 sq. ft. in Somerset to revive restaurant pad site

McDonald’s has found a new home in the Somerset section of Franklin after leasing a site that once housed a rival chain, brokers with The Goldstein Group announced Monday.

Retail
Furniture store leases 15,000 sq. ft. in Linden as new development drives retail demand

A home interiors store is expanding to New Jersey after taking 15,000 square feet at a Linden retail property, according to a brokerage team with JLL.

Retail
Grocery-anchored, 46,000 sq. ft. retail center in Paulsboro sells for $2.5 million, Marcus says

A private investor has sold a more than 46,000-square-foot retail center in Paulsboro for some $2.5 million, brokers with Marcus & Millichap announced last week.

Retail
Fine jewelry store takes 1,200 sq. ft. at mixed-use property in Berlin, WCRE says

A jewelry business has leased 1,200 square feet of retail space in the Camden County borough of Berlin, in a newly announced deal by Wolf Commercial Real Estate.