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
MORDEVCO breaks ground on 334-unit rental project at key site in downtown Linden

Construction is underway on a new mixed-use project that will bring 334 apartments to downtown Linden, in what will be another addition to the city’s luxury housing stock.

Retail
P3 Properties sells Galloway retail center for $13.7 million, C&W says

P3 Properties has sold a nearly 107,000-square-foot retail property in the Atlantic County township of Galloway, brokers with Cushman & Wakefield announced Friday.

Government & Public Policy
EDA eyes $10 million grant program to support small businesses buying liquor licenses

State officials are developing a new grant program that would help small businesses defray the cost of a liquor license purchased under a landmark law enacted earlier this year.

Retail
TFE adds three-building, 93,000 sq. ft. retail property in Fair Lawn, in JLL-brokered deal

TFE Properties has expanded to Bergen County with its purchase of nearly 93,000 square feet of retail space on a 6.3-acre site in Fair Lawn, in a deal arranged by JLL.

Retail
FNRP adds 88,000 sq. ft. ShopRite-anchored center in Ocean County

First National Realty Partners has acquired a nearly 88,000-square-foot, grocery-anchored shopping center in the Waretown section of Ocean Township.

Retail
Glassboro carwash, laundry business trades in off-market deal, Vantage Commercial says

A carwash and laundry business near Rowan University in Glassboro has changed hands for an undisclosed sum, in a newly announced deal by Vantage Commercial.

Retail
Newark awards $1.2 million to seven city small businesses, supporting growing retail scene

Newark city officials are giving a boost to local businesses, pledging $1.2 million in funding for seven restaurants and organizations as part of a plan to activate its retail corridors.

Retail
WCRE: Wrestling & Training Center inks lease at Camden County strip center on Route 73

A business known as Wrestling & Training Center has taken space at a Route 73 retail property in Camden County, in a deal arranged by Wolf Commercial Real Estate.

Retail
Club Pilates leases 3,000 sq. ft. amid upgrades at Bayonne retail center, LMC says

Club Pilates has taken 3,000 square feet at a soon-to-be-updated retail center in Bayonne, in a newly announced transaction by Levin Management Corp.

Retail
Delivery platform Wonder takes 3,100 sq. ft. in Green Brook, BRC says

Food delivery startup Wonder has leased 3,100 square feet at a shopping center on Route 22 in Green Brook, in a newly announced deal by Bussel Realty Corp.