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.

Top News
NAIDB: Middlesex, Union counties stand out as rising rates weigh on N.J. investment sales

Middlesex and Union counties emerged as key focal points for commercial real estate investors in the first half of 2023, accounting for some $700 million in sales through midyear.

Residential & Mixed Use
Investor sells 18 apartments, two retail spaces in Elizabeth portfolio deal, Kislak says

A private investor has purchased a combined 18 apartments and two retail spaces in Elizabeth for more than $4 million, in a newly announced deal by The Kislak Co. Inc.

Retail
March Construction eyes spring 2024 delivery for newest Wayne retail center

Construction is underway on a new ground-up retail center in Wayne that will bring a mix of eateries and services to one of the township’s busiest shopping corridors.

Retail
Printing company takes space at Warren County retail center, KW Commercial Clinton says

A printing and marketing company has signed a long-term lease at a Warren County retail center, in a newly announced deal by KW Commercial Clinton.

Retail
NAI Hanson: Buyer wanted for 133,000 sq. ft. Riverdale retail property with BJ’s, Staples

A highway retail property that’s leased to BJ’s Wholesale Club and Staples is on the market for sale in Riverdale, brokers with NAI James E. Hanson announced Wednesday.

Retail
P.C. Richard, HomeSense take 57,000 sq. ft. at ex-Bed Bath site in Iselin, Jeffery Realty says

Two well-known retailers have leased a combined 57,000 square feet in the Iselin section of Woodbridge, where they are backfilling a former Bed Bath & Beyond store.

Retail
Piano shop sells 4,000 sq. ft. showroom property in Lawrenceville, Fennelly says

A freestanding showroom and retail property in Mercer County has found a second life after a newly completed deal by Fennelly Associates.

Top News
JRM completes buildout of new Paradox Museum at American Dream

A new 11,000-square-foot specialty museum has opened its doors at American Dream in East Rutherford, following a project spearheaded by JRM Construction.

Retail
RIPCO: Paramount Realty buys 79,000 sq. ft. Toms River retail center for $8.75 million

Paramount Realty has added more than 79,000 square feet of retail space after acquiring a multitenant shopping center in Toms River, brokers with RIPCO Real Estate said.

Retail
Fort Lee retail center with multifamily zoning on the market for sale, JLL says

The site of a busy shopping center in Fort Lee is on the market for sale, with the potential for redevelopment as a multifamily property at the foot of the George Washington Bridge.