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.

Finance & Capital Markets
G.S. Wilcox sources $26 million loan for Blue Star Shopping Center updates

The owner of the Blue Star Shopping Center in Watchung has closed on a $26 million loan for the property’s ongoing redevelopment, in a deal arranged by G.S. Wilcox & Co.

Retail
Café leases 1,100 sq. ft. to help fill Rochelle Park retail center, Azarian says

A new quick-service café is coming to Rochelle Park after taking space at a highly visible shopping center, in a newly announced deal by Azarian Realty Co.

Retail
LMC: Deals with Burlington, Marshalls among newest leases at Blue Star Shopping Center

Burlington is coming to the revitalized Blue Star Shopping Center in Watchung, in one of several newly announced leases at the property by Levin Management Corp.

Retail
Preowned electronics store PayMore opens in Paramus, Goldstein Group says

A chain of preowned electronics stores has arrived in Paramus after a recent lease arranged by The Goldstein Group, the brokerage team announced Monday.

Retail
Domino’s franchise takes 1,300 sq. ft. in Ringwood, Christie’s Commercial says

A new Domino’s is opening at a Passaic County shopping center after a lease arranged by Christie’s Commercial Real Estate, the brokerage firm said last week.

Retail
NAI Hanson: Wonder joins retail roster at Print House project in Hackensack

The developers of the sprawling Print House project in Hackensack have all but filled its retail space after leasing more than 4,300 square feet to the food hall startup Wonder.

Professional Services
Otteau Group, influential appraisal and advisory firm, promotes Montferrat to partner

The Otteau Group has elevated Connor Montferrat to partner, citing his contributions, leadership and service to clients since he joined the Matawan-based firm in 2017.

Retail
VanRock buys 12,000 sq. ft. Dollar General property in Camden County, C&W says

VanRock Properties has acquired a nearly 12,000-square-foot retail building in Camden County for $1.675 million, brokers with Cushman & Wakefield announced Tuesday.

Residential & Mixed Use
NAIDB: Portfolio with 10 apartments, commercial space trades in Raritan Borough

A private investor has acquired a combined 10 apartments and four commercial spaces in Raritan Borough as part of a two-building portfolio sale arranged by NAI DiLeo-Bram & Co.

People
FNRP taps Kellams as director of leasing

Jeff Kellams has joined First National Realty Partners as director of leasing, in the latest key addition to the Red Bank-based private equity firm.