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.

Kushner breaks ground on $500 million redevelopment of Monmouth Mall, eyeing 1,000 new rentals and open-air community hub

Kushner has broken ground on its long-awaited, closely watched redevelopment of the Monmouth Mall property in Eatontown, where plans call for 1,000 new apartments, a sweeping overhaul of the existing retail and an infusion of new public spaces for the community.

Urban Edge acquires new-look 448,000 sq. ft. retail center in Roxbury for $83 million

Urban Edge Properties has acquired a newly redeveloped, 448,000-square-foot shopping center in Morris County for $83 million, the real estate investment trust announced this week.

Investor buys 26,000 sq. ft., QuickChek-anchored shopping center in Sayreville for $7.2 million

A private investor has purchased a nearly 26,000-square-foot shopping center in Sayreville for some $7.2 million, in a newly announced deal by Marcus & Millichap.

Chase adds 3,600 sq. ft. building in Waldwick for new branch location, NAI Hanson says

A new Chase branch is coming to Waldwick after the bank’s acquisition of a 3,600-square-foot retail building in the borough, according to a team with NAI James E. Hanson.

The health care effect: Inside the deal for Hackensack Meridian’s new hub at Metropark — and what it says about the industry’s role in commercial real estate

Plans for a high-profile Hackensack Meridian Health facility in Woodbridge are only 18 months in the making. Yet it was the product of relationships that had formed years earlier at the upper levels of New Jersey’s real estate and health care sectors, helping to make good on years of planning by state and local officials to activate the Metropark train station.

Leases by eateries, education tenants among flurry of recent deals by Zoltek CRES

A host of retail and office tenants are expanding across northern and central New Jersey as part of a series of recent leases by Zoltek Commercial Real Estate Services.

REDCOM completes new showroom, service center for Maxon Hyundai in Union Twp.

A Hyundai dealership in Union Township has debuted its renovated showroom and service center on Route 22 after a project completed by REDCOM Design & Construction.

Collectibles shop takes 700 sq. ft. at West Deptford shopping center, Vantage Commercial says

A collectibles store has signed a multiyear lease at a Gloucester County shopping center, in a newly announced deal by Vantage Commercial.

LMC: Liquor Cave adds newest brick-and-mortar store with 7,400 sq. ft. lease in Bridgewater

A wine and spirts retailer is expanding in the state with a newly completed, 7,400-square-foot lease in Bridgewater, according to a team with Levin Management Corp.

Chipotle leases 2,300 sq. ft. for new drive-thru store in Wayne, Goldstein Group says

Chipotle Mexican Grill has taken more than 2,300 square feet for a new location on a key thoroughfare in Wayne, in a recent deal arranged by The Goldstein Group.