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
Investor adds 8,400 sq. ft. Moorestown daycare center in $5.4 million deal, Marcus says

A daycare center in Moorestown sold for some $5.4 million, brokers with Marcus & Millichap announced Tuesday.

Retail
Bennett Realty: Buyer wanted for 122,000 sq. ft. shopping center in Iselin

The owner of a 122,000-square-foot shopping center in Woodbridge has retained Bennett Realty & Development to sell the property, the Holmdel-based brokerage announced Tuesday.

Retail
Yoga studio takes 3,300 sq. ft. in downtown Summit in deal arranged by Sheldon Gross

A yoga studio has leased a 3,300-square-foot retail space in downtown Summit, Sheldon Gross Realty brokers announced last week.

Top News
Accordia 2.0: Inside the commercial real estate firm’s next chapter — and the story behind its new leadership team

Accordia is entering a new phase as a developer, investor and asset manager, with high-profile additions to its team, a revamped business plan and several major projects on the horizon.

Retail
Goldstein Group: McDonald’s leases 4,500 sq. ft. in Somerset to revive restaurant pad site

McDonald’s has found a new home in the Somerset section of Franklin after leasing a site that once housed a rival chain, brokers with The Goldstein Group announced Monday.

Retail
Furniture store leases 15,000 sq. ft. in Linden as new development drives retail demand

A home interiors store is expanding to New Jersey after taking 15,000 square feet at a Linden retail property, according to a brokerage team with JLL.

Retail
Grocery-anchored, 46,000 sq. ft. retail center in Paulsboro sells for $2.5 million, Marcus says

A private investor has sold a more than 46,000-square-foot retail center in Paulsboro for some $2.5 million, brokers with Marcus & Millichap announced last week.

Retail
Fine jewelry store takes 1,200 sq. ft. at mixed-use property in Berlin, WCRE says

A jewelry business has leased 1,200 square feet of retail space in the Camden County borough of Berlin, in a newly announced deal by Wolf Commercial Real Estate.

People
Larken promotes Eickmeyer to chief investment officer

Larken Associates has promoted David Eickmeyer to chief investment officer, touting his role in supporting the firm’s growing portfolio of commercial and multifamily properties.

Retail
Levin-managed Wall Towne Center scores 2024 TOBY award from BOMA-NJ

A grocery-anchored retail center in Manasquan is among this year’s winners of the annual TOBY awards handed out by the Building Owners & Managers Association of New Jersey.