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
Marcus: Net-leased Wawa convenience store, gas station in Lakehurst trades for $6.5 million

A private investor has acquired a newly built, net-leased Wawa property in Lakehurst for $6.5 million, brokers with Marcus & Millichap announced Wednesday.  

Professional Services
Pacheco joins Levin Management as controller

Commercial real estate industry veteran Lilian Pacheco has joined Levin Management Corp. as a controller, the North Plainfield-based firm announced Tuesday.

Retail
Deluccia: Plant-based eatery signs 2,700 sq. ft. renewal in downtown Somerville

A plant-based restaurant has renewed its lease at the base of a mixed-use building in downtown Somerville, in a deal arranged by Deluccia Commercial Group.

Retail
Boot Barn leases 20,000 sq. ft. in Paramus for first Bergen County location, Welco says

Western apparel chain Boot Barn has taken 20,000 square feet along Route 17 in Paramus, in a newly announced deal by Welco Realty Inc.

Retail
Sheldon Gross: Weight loss spa Bodenvy takes 2,400 sq. ft. in Summit

A weight loss spa has found its first New Jersey location after leasing 2,400 square feet in downtown Summit, brokers with Sheldon Gross Realty announced last week.

Residential & Mixed Use
Clarion, MRP detail 500-unit residential phase at ex-Burlington Center Mall site

Construction is set to begin on 500 new apartments that will mark another key piece of a plan to redevelop the long-vacant Burlington Center Mall property in Burlington Township.

Retail
Urban Edge leases 4,300 sq. ft. in Watchung for new Ethan Allen store

Furniture chain Ethan Allen has signed a new lease with Urban Edge Properties, with plans to open a store and showroom at a Route 22 shopping center in Watchung.

Retail
Krispy Kreme franchisee takes 4,000 sq. ft. in Lakewood, as brand makes long-awaited return to Ocean County

A new Krispy Kreme is coming to Ocean County after a franchisee’s lease at a Route 70 shopping center in Lakewood, brokers with JLL announced last week.

Retail
Brunelli: Fitness Factory expands in Morris County, leases 16,000 sq. ft. in Flanders

Fitness Factory Health Club has found its newest location after leasing more than 16,000 square feet in the Flanders section of Mount Olive, in a newly announced deal by R.J. Brunelli & Co.

Retail
Irgang adds seven tenants to Millville power center, bringing it to near full occupancy

A busy shopping center in Millville is nearing full occupancy after a series of recent leases by Irgang Group, an investment firm that acquired the property in late 2021.