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.

Retail
Principal sells 215,000 sq. ft. grocery-anchored retail center in Delran, JLL says

Principal Asset Management has sold a nearly 215,000-square-foot retail property in the Burlington County township of Delran, brokers with JLL announced Thursday.

Retail
Grocer takes 3,500 sq. ft. at Hampshire-built apartment building in Hackensack

A specialty grocer has leased 3,500 square feet at the base of a new 82-unit apartment building in downtown Hackensack, according to a broker with NAI James E. Hanson.

Residential & Mixed Use
Cervelli closes sale of 3,500 sq. ft. residential, retail property in West New York

A local business owner has purchased a 3,500-square-foot mixed-use building in West New York, in a deal arranged by Cervelli Real Estate and Property Management.

Retail
Joint venture buys 38,000 sq. ft. Cinemark property at busy Route 22 intersection, JLL says

A joint venture has acquired the site of a nearly 38,000-square-foot movie theater on Route 22 in Watchung, in a newly announced deal by JLL.

Retail
Denholtz, beauty spa ink 2,000 sq. ft. lease to fill last retail space at The Rail at Red Bank

Denholtz Properties has filled the final retail space at a high-profile redevelopment project in Red Bank’s West Side neighborhood.

Retail
Buyer wanted for 253,000 sq. ft. Toms River shopping center, RIPCO says

The owner of a Toms River shopping center has placed the property on the market, brokers with RIPCO Real Estate said, touting the potential to draw offers of more than $20 million.

Retail
Katz: Themed children’s hair salon opens in Toms River

A new children’s salon has arrived in Ocean County after a 1,000-square-foot lease at a Toms River shopping center, according to a brokerage team with Katz & Associates.

Retail
New operators ink leases to fill ex-Houlihan’s locations in Parsippany, Bridgewater

Two former Houlihan’s restaurants in New Jersey are being revitalized after securing new operators for the spaces, in a set of deals arranged by Jeffery Realty.

Retail
Stir fry, salad chain honeygrow plans new location in Toms River, its sixth in New Jersey

Fast-casual restaurant chain honeygrow has announced plans for two additional locations, including a store at a Simon-owned property in Toms River.

Retail
Voorhees parcel slated to become car wash trades for $1.2 million, Rose Commercial says

A new car wash is coming to Voorhees after the sale of a nearly two-acre parcel on Route 73, in a newly announced deal by Rose Commercial Real Estate.