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
Urby Newark welcomes Japanese-inspired restaurant to new downtown building

A Japanese-inspired restaurant has opened its doors in downtown Newark at the base of the newly delivered 250-unit Urby apartment building.

Retail
BRC: Beauty bar expanding to Somerville, takes 4,200 sq. ft.

A salon business has leased more than 4,200 square feet of retail space in downtown Somerville, brokers with Bussel Realty Corp. announced Monday.

Retail
REDCOM starts construction on new Honda dealership on Route 3 in Clifton

REDCOM Design & Construction has started its work on a project that will help a Honda dealership expand its footprint while consolidating its teams in Clifton.

Finance & Capital Markets
Cronheim: NRDC refis Walmart-anchored center in Burlington County for $11 million

National Realty & Development Corp. has secured $11 million to refinance a 328,000-square-foot shopping center in Cinnaminson, in a deal arranged by Cronheim Mortgage.

Retail
Blue Foundry, Kessler open inside new retail building at Prism project in Dunellen

Blue Foundry Bank and Kessler Rehabilitation Center have opened their doors as the first retail tenants at The Nell, Prism Capital Partners’ mixed-use development in downtown Dunellen.

Retail
Waxing chain L.A. Bikini takes 1,900 sq. ft. at Livingston Town Center, Azarian says

A high-end waxing salon has leased nearly 1,900 square feet at the mixed-use Livingston Town Center, in a newly announced deal by Azarian Realty Co.

Retail
Levin taps operations, asset management veteran Tocco as executive vice president

Levin Management Corp. has filled a key role on its team with the hiring of a veteran executive in real estate and asset management.

Retail
Spenga Fitness adds 4,000 sq. ft. New Jersey location with new lease in Montvale

A fitness franchise has expanded to New Jersey after taking 4,000 square feet in Montvale, according to a brokerage team with The Goldstein Group.

Health Care & Education
Dental practice takes 2,400 sq. ft. at Renaissance Properties’ mixed-use project in Chesterfield

A dental practice has found a new home in Chesterfield after signing a lease with Renaissance Properties, the developer of the 500-acre mixed-use property known as Old York Village.

Retail
KPOT Korean BBQ & Hot Pot takes 12,000 sq. ft. at Woodbridge retail center, LMC says

KPOT Korean BBQ & Hot Pot has leased 12,300 square feet at St. Georges Crossing, a grocery-anchored retail center in Woodbridge, according to a team with Levin Management Corp.