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
Paramount unveils 35 rentals, retail space at historic department store property in Plainfield

Paramount Assets has completed its transformation of a historic department store building in Plainfield, where it recently debuted 35 market-rate apartments and new retail space.

Top News
Larken Associates mourns passing of longtime CFO Babette Rutman

Larken Associates is mourning the loss of Babette Rutman, its former chief financial officer and a key member of its Branchburg-based team over more than 25 years.

Retail
Planet Fitness takes 20,000 sq. ft. at new-look shopping center in Cedar Knolls

Planet Fitness is coming to a newly renovated shopping center in the Cedar Knolls section of Hanover, where it will occupy more than 20,000 square feet alongside tenants such as McDonald’s, Walmart and Michaels.

Retail
Mediterranean fast-casual chain takes 1,700 sq. ft. at Delran’s Hartford Corners, LMC says

A fast-casual Mediterranean restaurant has leased 1,700 square feet at a grocery-anchored retail center in Delran, in a newly announced deal by Levin Management Corp.

Retail
Fitness, wellness tenants take 6,800 sq. ft. at Edgewater shopping center, RIPCO says

Four new tenants are coming to an Edgewater shopping center after a series of leases totaling nearly 6,800 square feet, brokers with RIPCO Real Estate announced Thursday.

People
Larken’s Iacobucci promoted to CFO one year after joining firm

Larken Associates has promoted veteran industry executive David Iacobucci to chief financial officer, the Branchburg-based firm announced Tuesday.

Professional Services
LMC adds Harrison as senior leasing representative

Levin Management Corp. has deepened its bench with the addition of a new senior leasing representative.

Retail
Hunterdon County retail center rebounds with the help of small businesses, entrepreneurs

A stream of new leasing activity has revitalized a Hunterdon County shopping center, creating a home for entrepreneurs and other small businesses outside the traditional retail space.

Residential & Mixed Use
Kislak inks multifamily deals in Passaic, Orange totaling $3.9 million

A building with 23 apartments and a restaurant space in Passaic has traded for $2.5 million, in one of two newly announced deals by The Kislak Co. Inc.

Retail
Mixed-use portfolio in Morris Plains trades for $2 million, JLL says

The longtime owner of two mixed-use buildings and a warehouse in Morris Plains has sold the portfolio for $2 million, in a newly announced deal by JLL.