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
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.

Deals
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.

Retail
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.

People
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.

Retail
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.

Retail
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.

Retail
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.

Office
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.

Deals
Family-owned commercial buildings, seven-bedroom home sold in South Jersey

Vantage Commercial has brokered the sale of two commercial properties and a single-family home in southern New Jersey, working on behalf of a family estate.

Government & Public Policy
Russo, Onyx and Terminal to lead transformation of NJ Transit’s Metropark station

State officials have picked Russo Development, Onyx Equities and Terminal Construction to spearhead a project that would reshape NJ Transit’s busy Metropark station in Woodbridge.