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.

Deals
Resource Realty of Northern New Jersey touts 866,000 sq. ft. in leases, sales at midyear

Three key asset classes have fueled leasing and sales activity for Resource Realty of Northern New Jersey, helping it complete more than 40 transactions during the first half of 2024.

Retail
Trio of drive-thru retail pad sites in Mercer, Somerset counties on the market, Pierson says

Three freestanding retail properties in Mercer and Somerset counties have hit the market for lease, each with a drive-thru, in a set of new listings by Pierson Commercial.

Top News
NAI Hanson: Buyer wanted for prime development site in downtown Hackensack

A development site across from Hackensack University Medical Center is on the market for sale, offering the potential to build everything from housing to laboratory space to structured parking.

Retail
Acadia, Fortress sell 153,000 sq. ft. Paramus retail center for $37 million, C&W says

A joint venture has sold a retail center on Route 17 South in Paramus for nearly $37 million, in a newly announced deal by Cushman & Wakefield.

Retail
Dollar Tree leases 6,100 square feet at Sanzari-owned retail center in Hackensack

A new Dollar Tree is coming to Hackensack after leasing nearly 6,100 square feet at Alfred Sanzari Enterprises’ Summit Plaza property off Route 17.

Retail
Montvale Liquors, a 4,700 sq. ft. boutique store, to open on South Kinderkamack Road

Montvale Liquors, a 4,700-square-foot boutique store, will open at the CVS Center on South Kinderkamack Road in Montvale, Levin Management Corp. announced.

Retail
Grocer eyes new flagship location in Edison after buying iconic Sam Ash store, NAIDB says

A specialty grocer has acquired the longtime home of the shuttered Sam Ash Music store in Edison for $5.5 million, in a newly announced deal by NAI DiLeo-Bram & Co.

Retail
Newmark Associates: Freehold retail center attracts three new tenants, now fully leased

A neighborhood shopping center in Freehold is now fully leased after a trio of recent deals arranged by Newmark Associates, the brokerage team announced recently.

Retail
Azarian: Dress shop, shipping business among newest tenants at Livingston Town Center

Two new retail tenants are coming to Livingston Town Center after a set of deals totaling more than 3,000 square feet, according to a leasing team with Azarian Realty Co.

Retail
Retail space at downtown Montclair condo property on the market for sale, JLL says

The owner of nearly 36,000 square feet of high-end retail space in downtown Montclair is looking to sell the property, brokers with JLL said in a recent offering.