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
Harrison property with six rentals, retail space trades for $1.1 million, Cervelli says

An investor has purchased a six-unit apartment building with retail space in Harrison for $1.11 million, according to a team with Cervelli Real Estate & Property Management.

Professional Services
Katz & Associates adds Zimmerman as senior vice president for investment sales

Longtime broker Michael Zimmerman has joined Katz & Associates to expand the Englewood Cliffs-based firm’s investment sales business.

Retail
Health and wellness, restaurant leases among latest North Jersey deals by Goldstein Group

A gymnastics school has taken 10,000 square feet in the Bergen County borough of Northvale, in one of six newly announced deals by The Goldstein Group.

Retail
Prism, dental practice ink lease to fill last retail space at The Nell in Dunellen

Prism Capital Partners has filled the final retail space at a mixed-use development in Dunellen, securing a new 3,800-square-foot lease with a full-service dental practice.

Retail
Marcus: Investor buys 45,000 sq. ft. Parsippany shopping center for $18.5 million

A private investor has purchased a more than 45,000-square-foot retail center in Parsippany for $18.5 million, according to a brokerage team with Marcus & Millichap.

Health Care
JLL’s Morristown-based team lists 127,000 sq. ft. medical office, retail property on Long Island

The owner of more than 127,000 square feet of medical office and retail space on Long Island has tapped JLL’s Morristown-based capital markets team to sell the property.

Retail
SITE Centers selling 1.1 million-square-foot retail center near Princeton for $138 million

SITE Centers Corp. has agreed to sell a sprawling highway retail center in West Windsor for nearly $138 million, the real estate investment trust disclosed recently.

Office
HQ Plaza welcomes Morristown officials, business leaders with transformation now complete

The owners of the sprawling HQ Plaza complex in Morristown have unveiled its new-look concourse, having transformed the area that connects the property’s three office towers, a Hyatt Regency hotel and a growing mix of retailers and restaurants.

Retail
Investor buys 53,000 sq. ft. Lawrenceville retail center for $11.4 million, Marcus says

More than 53,000 square feet of retail space in Lawrence Township has changed hands for $11.35 million, in a newly announced deal by Marcus & Millichap.

Food & Beverage
Kushner inks deal with Felice to bring Italian eatery’s first N.J. location to Monmouth Square

Felice, a well-known Italian restaurant and wine bar, is coming to the new-look Monmouth Square property in Eatontown under a newly announced lease with Kushner.