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
Marcus: 29,000 sq. ft. strip center in Middletown trades for $5.8 million

A private investor has acquired more than 29,000 square feet of renovated retail space on Route 35 for $5.8 million, brokers with Marcus & Millichap announced Wednesday.

Retail
Marcus: DeVimy Equities sells 86,000 sq. ft. Morris Marketplace to Last Mile Investments

DeVimy Equities has sold nearly 86,000 square feet of newly built retail space outside Morristown, brokers with Marcus & Millichap announced last week.

Professional Services
Resource Realty of NNJ inks $155 million in lease, sale activity across 85 deals in 2024

Resource Realty of Northern New Jersey is gearing up for a strong 2025, following a year in which it recorded nearly $155 million in leasing and sales activity in the region.

Retail
Ethan Allen opens at new Route 22 location in Watchung, Goldstein Group says

Ethan Allen has opened a new location on Route 22 in Watchung, where it occupies more than 4,200 square feet after relocating from a nearby site.

Retail
Universal Lacrosse opens 3,200 sq. ft. shop at Larken’s Raritan Crossing property

A lacrosse shop has opened a new location in Raritan Borough, where it occupies more than 3,200 square feet under a lease with Larken Associates.

Health Care
Sanzari: Hackensack Meridian Health adds 8,100 sq. ft. at Hackensack medical arts building

Alfred Sanzari Enterprises has leased more than 8,100 square feet in Hackensack to a division of Hackensack Meridian Health, bringing a well-known medical office building to full occupancy.

Food & Beverage
Advance, Episcope Hospitality partner to bring new upscale café and restaurant to Harrison

A new restaurant and café are coming to Harrison’s Riverbend District, the growing mixed-use neighborhood developed in recent years by Advance Realty Investors.

Residential & Mixed Use
Kislak closes sale of Perth Amboy’s Remington Rooming House for $2.4 million

The Perth Amboy YMCA has acquired a mixed-use rooming house property in Perth Amboy for $2.4 million, in a newly announced deal by The Kislak Co. Inc.

Retail
LMC: McDonald’s opens new 4,500 sq. ft. location at Somerset’s Rutgers Plaza

A new McDonald’s has arrived at a Franklin Township shopping center, following a 4,500-square-foot lease announced last fall and the repurposing of an existing pad site.

Food & Beverage
Stone Creek completes construction at Mabel, Bell Works’ first full-service eatery (SLIDESHOW)

The landmark Bell Works complex in Holmdel has welcomed its first full-service restaurant with the help of Stone Creek Construction Group, the project’s general contractor.