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
Woodbridge Center to remain retail, dining destination after $70 million sale to mystery buyer

The ailing Woodbridge Center is seemingly poised to remain a mall under its new owner, but its exact future is still unclear after the recent sale of the property for $70.4 million, in a deal that was reported to be a massive loss for its bondholders.

Finance & Capital Markets
Veteran broker Pizzolato joins Accordia as EVP for acquisitions, capital markets

Accordia Realty Ventures has tapped Matthew Pizzolato as its executive vice president for acquisitions and capital markets, in a key hire aimed at supporting its expansion plans.

Residential & Mixed Use
Hoboken property with 10 rentals, ground-floor retail fetches $6.1 million, Marcus says

A private investor has acquired 13 apartments and two retail spaces in downtown Hoboken, in a $6.1 million deal arranged by Marcus & Millichap.

Retail
Kislak: Longtime owner sells 6,400 sq. ft. Rahway retail building

A private investor has acquired a 6,400-square-foot retail building in Rahway for $765,000, in a newly announced deal by The Kislak Co. Inc.

Retail
Toms River zoning board OKs plan for 46,000 sq. ft. retail center, Tokarski Millemann says

A developer has secured a key zoning board approval for a new 46,000-square-foot retail center in Toms River, according to a design team with Tokarski Millemann Architects.

Retail
Playa Bowls franchisee inks lease at Old Bridge’s Glenwood Green, Platinum Realty says

Playa Bowls is coming to a newly built shopping center in Old Bridge under a 1,500-square-foot lease arranged by Platinum Realty Services Corp.

Retail
LMC: Italian eatery opens inside 2,100 sq. ft. at Newark’s Springfield Avenue Marketplace

A new pizzeria and Italian restaurant has opened its doors at Newark’s Springfield Avenue Marketplace, according to a leasing team with Levin Management Corp.

Retail
BRC: Wingstop, Monmouth Spine & Wellness lease space at Rahway retail center

The owner of a Rahway shopping center has secured two new tenants with a set of leases totaling more than 2,300 square feet, brokers with Bussel Realty Corp. announced.

Deals
Vantage Commercial inks sale of 2,500 sq. ft. Willingboro building, two other deals

A freestanding building in Burlington County is set to become an ethnic grocer after changing hands, in one of three newly announced deals by Vantage Commercial.

Retail
Honeygrow signs lease in Bridgewater, eyes summer debut for seventh New Jersey store

Honeygrow, the fast-casual stir fry and salad chain, has added another location in New Jersey with a new lease at a Bridgewater shopping center.