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.

LMC inks 1,300 sq. ft. deal to bring martial arts studio to Long Island shopping center

A martial arts studio has leased more than 1,300 square feet at a shopping center in New York’s Suffolk County, in a deal arranged by Levin Management Corp.

Upscale bowling, bocce concept Pinstripes set to open new 31,000 sq. ft. location at Garden State Plaza — its first in New Jersey

The newest experiential dining concept at Westfield Garden State Plaza in Paramus is just over two weeks from its long-awaited debut at the property.

FRT, Crate & Barrel Outlet ink 23,000 sq. ft. lease in Lawrenceville

Crate & Barrel Outlet has secured a new space in Lawrenceville after agreeing to lease more than 23,000 square feet from Federal Realty Investment Trust, brokers with JLL announced.

Residential & Mixed Use

Cervelli: Six-unit Jersey City building with apartments, commercial space fetches $850,000

A private investor has acquired a mixed-use property in Jersey City for $850,000, in a newly announced deal by Cervelli Real Estate & Property Management.

Fairfield-based Vita & Vita tapped to manage Mid-Atlantic, Southeast shopping centers

Vita & Vita Realty Corp. has expanded its management footprint with new assignments at shopping centers in Maryland, Virginia and North Carolina, the Fairfield-based firm announced.

TFE, Pierson tout debut of Starbucks in Monroe, a first for Middlesex County township

Monroe Township has welcomed its first Starbucks with the opening of a new drive-thru location late last year, according to the property’s landlord and its brokerage team.

Professional Services

Bennett Realty adds net-leased retail, strip center specialist to brokerage team

An investment sales broker specializing in single-tenant, net-leased assets and strip centers has joined Holmdel-based Bennett Realty & Development.

JLL: Food tech startup Wonder among five retail users at new mixed-use project in Cresskill

Five retail tenants are coming to a new mixed-use property in Bergen County after a series of leases totaling more than 10,000 square feet, brokers with JLL announced Tuesday.

Urban Edge signs World Market to 19,000 sq. ft. lease for new Paramus location

Home décor chain World Market is coming to Bergen Town Center in Paramus, where it’s set to lease more than 19,000 square feet under a deal with Urban Edge Properties.

Professional Services

LMC touts 1 million sq. ft. in 2023 deal volume amid retailer demand, reinvestment trend

Sustained demand for modernized, well-located retail space remains a driving force for Levin Management Corp., fueling more than 1 million square feet in deal volume last year across the firm’s portfolio of client properties.