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
Auto dealership parcel trades in Atlantic County, Vantage Commercial says

An auto dealership in Atlantic County has sold a car lot on Route 73, in a newly announced transaction by Vantage Commercial.

Retail
Pyramid Hospitality takes 2,400 sq. ft. at Route 73 shopping center in Berlin, WCRE says

A restaurant has leased 2,400 square feet at a shopping center in the Camden County borough of Berlin, according to a brokerage team with Wolf Commercial Real Estate.

Retail
Woodbridge-based Kislak brokers $12 million shopping center trade in Connecticut

A retail property investor has acquired a roughly 275,000-square-foot shopping center near the University of Connecticut for $12 million, in a deal arranged by The Kislak Co. Inc.

Professional Services
Chilmark Real Estate Services picked as CORFAC International New Jersey member

Morristown-based Chilmark Real Estate Services has joined CORFAC International as the global real estate network’s New Jersey member.

Events
Newark Summit set to return Dec. 9, convening top players in real estate, placemaking

The Newark Summit for Real Estate, Economic Development & Placemaking is set to return after making its high-profile debut last year in the state’s largest city.

Retail
LMC: New phase coming for West Orange retail center with Target lease, center-wide upgrades

A plan to enhance and expand a major shopping center in West Orange is underway, following a nearly 212,000-square-foot lease with Target that helped jumpstart the redevelopment.

Finance & Capital Markets
G.S. Wilcox closes loans totaling $32 million for Hoboken, Madison commercial assets

The owner of a commercial property in downtown Hoboken has obtained more than $26 million in financing, in one of two recent transactions by G.S. Wilcox & Co.

Retail
SRS: Cypress, Stockbridge sell LA Fitness tract for $14 million in latest deal at Linden center

A developer and its partner have sold a newly built, 41,000-square-foot LA Fitness property in Linden for nearly $14.3 million, in a newly announced deal by SRS Real Estate Partners.

Finance & Capital Markets
Owner of Hoboken retail property secures new financing, Cronheim says

A major property owner in the region has snagged financing for a two-tenant retail building in downtown Hoboken, in a deal arranged by Cronheim Mortgage.

Office
C&W: Three office users renew as new eatery commits to Jersey City’s Newport Tower

BGO has secured a new retail lease and renewals with three office tenants at its 36-story Newport Tower in Jersey City, brokers with Cushman & Wakefield announced.