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.

JLL inks sale of vacant Sears property, occupied pad sites on Long Island

A developer has purchased the site of a vacant Sears and two fully occupied pad sites on Long Island, in a deal arranged by JLL’s Morristown-based capital markets team.

Hinchliffe Stadium, Westfield downtown among 2023 Smart Growth Award winners

New Jersey Future has unveiled the winners of this year’s Smart Growth Awards, highlighting projects from Paterson to Westfield with a major focus on planning and redevelopment.

Azarian: Smoothie, juice bar takes final space at Fairfield shopping center

A shopping center in Fairfield is fully leased after a new 1,500-square-foot commitment by a smoothie and juice bar, under a deal arranged by Azarian Realty Co.

Urban Edge inks leases to bring First Watch, Shake Shack to Brick retail center

Urban Edge Properties is bringing new dining options to a Brick Township shopping center after signing leases with First Watch and Shake Shack.

Nonprofit takes 16,000 sq. ft. in Totowa for facility serving adults with special needs

A regional school district has leased nearly 16,000 square feet in Totowa for a facility that will serve adults with special needs, in a newly announced deal by The Goldstein Group.

New 120,000 sq. ft. retail project bringing expanded ShopRite to Hillsborough, RIPCO says

A new ShopRite is coming to Hillsborough as part of a 120,000-square-foot development that’s slated to break ground early next year, according to a leasing team with RIPCO Real Estate.

Stir fry, salad chain honeygrow inks lease at new Old Bridge retail development

Fast-casual restaurant stir fry and salad chain honeygrow has signed a lease at a new development in Old Bridge, where it will join a host of other retail tenants and more than 1,000 homes under construction along Route 9.

Alfred Sanzari Enterprises hosts more than 550 at Glenpointe, marks 78 years in real estate

Alfred Sanzari Enterprises is celebrating nearly eight decades in commercial real estate, a legacy that was on display recently as the firm welcomed a crowd of hundreds to its flagship campus Glenpointe campus in Teaneck.

Plans to revamp mall parcels with new apartments, public space taking shape across New Jersey

Redevelopment is coming to some of New Jersey’s largest malls, as owners and local officials weigh plans to add apartments, health care facilities and vibrant public spaces meant to infuse them with new foot traffic. Proponents say the projects are essential to the long-term health of even the most successful assets. In other cases, they’re a potential lifeline to once-dominant shopping hubs that have become obsolete and seen their values plummet in recent years.

Caryl Communications scores PR industry award for work with LMC retail survey

A top trade association has honored Hoboken-based Caryl Communications for its work involving a longtime client in the commercial real estate sector.