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
Site of Newark’s famed Iberia restaurant sold, slated for 2,500-unit mixed-use redevelopment

A development group has acquired the site of Newark’s famed Iberia Tavern & Restaurant and several surrounding lots, where it now hopes to build more than 2,000 residential units and a bustling restaurant row in the heart of the city’s Ironbound district.

Retail
Nail bar, spa operator takes space at new Monmouth County retail center, Zoltek says

A nail salon has leased space at a new retail development on Route 33 in Monmouth County, in a newly announced deal by Zoltek Commercial Real Estate Services.

Features
Long-awaited Parsippany project comes with visions of bustling, downtown-style retail

Developers and local officials say they have high hopes for a luxury mixed-use development on Route 10, one with a concept that seemingly relies more heavily on retail and restaurants than typical mixed-use residential developments, in an effort to broaden its appeal.

Retail
Cervelli: Mediterranean, café-style eateries lease space in North Bergen

Two restaurants have expanded to Hudson County after leases in North Bergen, in a set of transactions by Cervelli Real Estate & Property Management.

Retail
Unity Bank to open branch in Lake Hiawatha, marking its Morris County debut

Unity Bank is expanding to yet another county in New Jersey with a planned branch opening in the Lake Hiawatha section Parsippany.

Retail
Urban Edge inks 2,400 sq. ft. lease to bring Bluestone Lane to Bergen Town Center

Bluestone Lane, the Australian café concept, is coming to Bergen Town Center in Paramus under a newly completed lease with Urban Edge Properties.

Retail
Yoga business takes 1,500 sq. ft. at Route 9 shopping center in Old Bridge, LMC says

A yoga studio is expanding its footprint in the region with a new lease at an Old Bridge shopping center, in a newly announced deal by Levin Management Corp.

Retail
Marcus closes sale of Route 130 retail property in North Brunswick for $4.5 million

A private investor has sold a nearly 22,000-square-foot highway retail property in North Brunswick for $4.45 million, brokers with Marcus & Millichap said Tuesday.

Office
NAI Hanson: Investor buys 10,000 sq. ft. mixed-use building in Flemington

The longtime owners of a 10,000-square-foot mixed-use building in downtown Flemington have sold the property, according to a broker with NAI James E. Hanson.

Retail
Kislak: Owner of South Plainfield retail, office property sells after 67 years

The longtime owner of more than 28,000 square feet of retail and office space in South Plainfield has sold the complex for $3.4 million, in a deal arranged by The Kislak Co. Inc.