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.

Professional Services
Tavern, sushi restaurants with shared kitchen open in Morristown in latest Stone Creek project

Two restaurants have opened new locations in downtown Morristown, operating with a shared kitchen as part of a project completed by Stone Creek Construction Group.

Retail
Spark Car Wash inks ground lease for new location in Wayne, Goldstein Group says

Spark Car Wash has leased a 1.5-acre site in Wayne for a new location on one of the township’s main retail corridors, brokers with The Goldstein Group announced Monday.

Residential & Mixed Use
MORDEVCO breaks ground on 334-unit rental project at key site in downtown Linden

Construction is underway on a new mixed-use project that will bring 334 apartments to downtown Linden, in what will be another addition to the city’s luxury housing stock.

Retail
P3 Properties sells Galloway retail center for $13.7 million, C&W says

P3 Properties has sold a nearly 107,000-square-foot retail property in the Atlantic County township of Galloway, brokers with Cushman & Wakefield announced Friday.

Government & Public Policy
EDA eyes $10 million grant program to support small businesses buying liquor licenses

State officials are developing a new grant program that would help small businesses defray the cost of a liquor license purchased under a landmark law enacted earlier this year.

Retail
TFE adds three-building, 93,000 sq. ft. retail property in Fair Lawn, in JLL-brokered deal

TFE Properties has expanded to Bergen County with its purchase of nearly 93,000 square feet of retail space on a 6.3-acre site in Fair Lawn, in a deal arranged by JLL.

Retail
FNRP adds 88,000 sq. ft. ShopRite-anchored center in Ocean County

First National Realty Partners has acquired a nearly 88,000-square-foot, grocery-anchored shopping center in the Waretown section of Ocean Township.

Retail
Glassboro carwash, laundry business trades in off-market deal, Vantage Commercial says

A carwash and laundry business near Rowan University in Glassboro has changed hands for an undisclosed sum, in a newly announced deal by Vantage Commercial.

Retail
Newark awards $1.2 million to seven city small businesses, supporting growing retail scene

Newark city officials are giving a boost to local businesses, pledging $1.2 million in funding for seven restaurants and organizations as part of a plan to activate its retail corridors.

Retail
WCRE: Wrestling & Training Center inks lease at Camden County strip center on Route 73

A business known as Wrestling & Training Center has taken space at a Route 73 retail property in Camden County, in a deal arranged by Wolf Commercial Real Estate.