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.

People
Larken promotes Nascimento to executive vice president of marketing

Larken Associates has promoted Melissa Nascimento to executive vice president of marketing, recognizing her work during more than 20 years with the Branchburg-based firm.

Retail
NAI Hanson brokers sale of 3,500 sq. ft. auto repair center in Hackensack

A private investor has acquired a 3,500-square-foot full-service auto repair facility in Hackensack, brokers with NAI James E. Hanson announced last week.

Finance & Capital Markets
Cronheim: Owner of East Windsor, Garwood shopping centers lands $17.5 million in financing

The owner of two shopping centers in Mercer and Union counties has secured $17.5 million in financing for the grocery-anchored properties, brokers with Cronheim Mortgage announced.

Retail
Prism inks leases with Club Pilates, JAG Physical Therapy at Rutherford retail space

Prism Capital Partners has announced two new leases that will bring health and wellness tenants to a mixed-use building in Rutherford.

Professional Services
Levy, Halpern join Bennett Realty & Development’s growing retail platform

Bennett Realty & Development has added Howard Levy and Benjamin Halpern to its team of brokers focused on shopping centers and single-tenant, net-leased assets.

Office
Olnick, Fisher unveil plan to transform concourse at Headquarters Plaza in Morristown

The owners of Morristown’s Headquarters Plaza have unveiled their plans to refresh the 1 million-square-foot property, with a focus on the cavernous interior concourse that connects its three office towers, the Hyatt Regency Morristown and a host of retailers and restaurants.

Retail
Goldstein Group: Caliber Collision leases 12,000 sq. ft. on Route 22 in Union Township

The country’s largest collision repair company has taken nearly 12,000 square feet of highway retail space in Union Township, brokers with The Goldstein Group announced.

Retail
Retailers see store growth, adaptation as key to competing in 2024, LMC survey finds

Retailers are increasingly focused on growth in the year ahead, with plans to open new stores and adapt their businesses in hopes of staying competitive.

Retail
Dental Associates takes 1,300 sq. ft. at Jersey City’s Heights Plaza, Lee & Associates says

A dental practice has leased nearly 1,300 square feet at a busy shopping center in Jersey City’s Heights neighborhood, in a deal arranged by Lee & Associates New Jersey.

Office
Accordia Realty Ventures details new office, retail deals in Essex and Bergen counties

Accordia Realty Ventures has announced several new leases and renewals at office buildings in northern New Jersey, part of a flurry of year-end activity for the Fairfield-based firm.