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.

Finance & Capital Markets
G.S. Wilcox closes $16.3 million in loans for Piscataway warehouse, Long Island retail center

The owner of more than 30,000 square feet of new industrial space in Piscataway has landed $5.7 million in financing, in one of two newly announced deals by G.S. Wilcox & Co.

Retail
Halal smokehouse, H&R Block sign leases at North Brunswick shopping center, LMC says

Two new tenants are coming to a North Brunswick shopping center after leasing a combined 4,750 square feet at the property, agents with Levin Management Corp. announced Tuesday.

Top News
Ferber eyes 1.9 million sq. ft. industrial park, retail space at ex-Burlington Center Mall site

A real estate firm has unveiled its plans for a three-building, 1.9 million-square-foot industrial park and 30 acres of retail space at the former site of the long-vacant Burlington Center Mall.

Retail
Bergman, Capstone acquire 88,000 sq. ft. Cherry Hill retail center for $16.1 million

Bergman Real Estate Group and Capstone Realty Group USA have acquired a nearly 88,000-square-foot retail property in Cherry Hill for $16.1 million, the firms announced.

Retail
European-style coffee shop opens at Accurate’s new ‘Citizen Linden’ apartment building

Development firm Accurate has welcomed a coffee shop to the base of its new 234-unit luxury apartment building in Linden.

Retail
Dunkin’ opens new 1,700 sq. ft. store in Edison after deal arranged by Goldstein Group

Dunkin’ has opened at a busy shopping center in Edison after recently leasing nearly 1,700 square feet at the property, brokers with The Goldstein Group announced Monday.

Government & Public Policy
Newark to provide financing, support for activating vacant storefronts downtown

The city of Newark has launched a program aimed at filling vacant storefronts in its downtown, offering up to $650,000 in financial support to prospective retailers and restaurateurs.

Retail
Azarian: Philly Pretzel Factory takes final space at grocery-anchored center in Allendale

A grocery-anchored shopping center in downtown Allendale is fully occupied after a recent commitment by Philly Pretzel Factory, according to a leasing team with Azarian Realty Co.

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.