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
Jiu-Jitsu gym takes 2,100 sq. ft. in Pine Brook for second location, Azarian says

A martial arts studio has leased more than 2,100 square feet at a Morris County shopping center, in a newly announced deal by Azarian Realty Co.

Retail
Local buyer adds 13,000 sq. ft. strip center in Paterson for $5.3 million, Marcus says

A local investor has purchased a nearly 13,000-square-foot strip center in Paterson for $5.25 million, brokers with Marcus & Millichap announced Thursday.

Retail
Larken, optical shop ink 1,200 sq. ft. lease at retail center just outside New Jersey

Larken Associates has lured a new tenant to a shopping center just outside New Jersey — in Pennsylvania’s Pike County — signing a lease with a growing eye care practice.

Events
CBRE’s Villa to host CRE executives, brokers for high-profile women’s networking event

Clockwise, from top left: Adenah Bayou, Zenobia Fields, Kate Granahan, Bridget Wilcox, Marta Villa, Suzanne Macnow and Karly Iacono will take part in a panel discussion at the inaugural Rush CRE Women’s Networking Event on Wednesday, Nov. 12, at the…

Retail
LMC: Indoor play park, new experiential tenant, takes 21,000 sq. ft. at Rutgers Plaza in Franklin

A new indoor play park is coming to Franklin Township after signing a lease at the busy Rutgers Plaza retail center, in a deal arranged by Levin Management Corp.

Top News
NJ Transit plans RFP for ‘destination’ anchor for restored Hoboken ferry terminal

NJ Transit is seeking a new anchor tenant for the 117-year-old Lackawanna Ferry Terminal that it’s restoring as part of its sweeping Hoboken Connect redevelopment project with LCOR.

Retail
Investor buys 5,000 sq. ft. Totowa retail center for $2.2 million, Marcus says

A local investor has purchased a nearly 5,000-square-foot strip center in Totowa for more than $2.2 million, in a newly announced deal by Marcus & Millichap.

Retail
McDonald’s takes 4,500 sq. ft. for new store in Oakland, Goldstein Group says

A new McDonalds is coming to a key thoroughfare in Oakland after a 4,500-square-foot lease arranged by The Goldstein Group, the brokerage team announced Monday.

Editor’s Note
High stakes for CRE

Advocacy is central to a four-year strategic plan that NAIOP New Jersey unveiled at the start of 2025, as are other key goals such as creating new value for NAIOP members and improving the perception that public officials, residents and other outside stakeholders have of the commercial real estate sector. The blueprint also calls for elevating the chapter’s position in the industry, enhancing partnerships with academia and expanding its community service programs.

Retail
Macerich taps CBRE as leasing partner at 1 million sq. ft. Deptford Mall

The owner of the Deptford Mall in Gloucester County has teamed with CBRE to boost leasing activity at the 1 million-square-foot property.