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.

Starbucks opens at new mixed-use Belleville property by Tulfra, Hampshire

A new Starbucks has opened its doors in Belleville as the latest piece of an ongoing mixed-use development by Tulfra Real Estate and The Hampshire Cos.

Navigating a challenging market with Meridian’s Russ Drebin

Up until the last few months, this year was great. Rates were relatively low, and I was proactively advising clients to take advantage of the market while it was tame. However, since the market has taken a turn, it has been even more important to advise clients in a way that is transparent and focused on their specific goals. Knowing your client and knowing what their goals are will allow you to help them during a time when the market is great, and conversely at times when the market is not so great.

Deugen inks sale of 3,900 sq. ft. Orange retail property

Deugen Development has brokered the sale of a 3,900-square-foot retail building in Orange, touting its location in a key redevelopment area and a federally designated Opportunity Zone.

Child transportation service coming to Lodi after building acquisition, NAI Hanson says

NAI James E. Hanson has negotiated the sale of a 12,900-square-foot building in Lodi.

KABR, BTF acquire 125,000 sq. ft. Rockland County retail center, in JLL-brokered deal

The KABR Group and BTF have purchased a grocery-anchored retail center in Rockland County for $30 million, in a deal by JLL’s Morristown-based capital markets team.

Bergman names new director of acquisitions

Bergman Real Estate Group has announced a new hire to spearhead acquisitions activity and expand its portfolio across a variety of asset classes.

Developer sells new 7-Eleven property in North Bergen for $2.6 million

A developer has sold the site of a newly built 7-Eleven property in North Bergen for $2.6 million, in newly announced deal by CBRE.

Route 18 retail property in East Brunswick fetches $14 million, Marcus says

A private investor has purchased a nearly 58,000-square-foot shopping center in East Brunswick for $14 million, brokers with Marcus & Millichap announced Thursday.

Planet Fitness takes 19,000 sq. ft in Weehawken sublease, Jeffery Realty says

Planet Fitness is taking more than 19,000 square feet for a new location in Weehawken, in one of several newly announced deals by Jeffery Realty.

NAI Hanson negotiates sale of office, retail portfolio in Bergenfield

NAI James E. Hanson has negotiated the sale of a nearly 31,000-square-foot mixed-use portfolio of commercial properties in Bergenfield.