The newly formed syndication arm of an area real estate firm has made its first two deals, closing on vacant office buildings in Newark and Hackensack that it now plans to reposition.
Three Macy’s stores in New Jersey are among nearly 70 that will close nationwide this year, as the department store giant looks to streamline its costs and rethink its real estate strategy.
A Popeyes Louisiana Kitchen franchisee is the latest retailer to join a 94,000-square-foot shopping center in the southern end of Jersey City, according to the property’s manager.
Bob’s Discount Furniture has been identified as the newly signed tenant at a 360,000-square-foot industrial building in Carteret, one of two deals announced recently by developer Prologis.
Two net leased retail sites in Monmouth and Camden counties have been sold for a total of more than $25 million, in separate deals arranged by brokers with CBRE.
A narrow vote in New Milford has cleared the way for a developer to proceed with plans for a new shopping center and apartment complex in the borough, published reports said.
With the opening of Newark’s first Whole Foods on the horizon, the developers of the building that will house the grocery store have announced the addition of another national brand.
A North Plainfield retail property has changed hands among private investors for a price of $5.1 million, following a deal brokered by Marcus & Millichap.
A new 4,600-square-foot lease a physical therapy operator has brought a Chatham shopping center to full occupancy, Levin Management Corp. announced Thursday.
The operator of a long-planned ShopRite in Wyckoff has started demolition of an existing structure at the site, even as it awaits a decision from a state appeals court in a three-year-old legal battle over the project.