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.

Retail
RIPCO: Tenant wanted for space at new strip center at ShopRite in Sussex County

The owner of a grocery-anchored retail property in Sussex County has tapped RIPCO Real Estate as the leasing agent for the property’s newest phase.

Residential & Mixed Use
Bernardsville retail, apartment property trades for $1.9 million, Deluccia says

A private investor has acquired a 6,600-square-foot mixed-use property in Bernardsville for $1.9 million, according to a brokerage team with Deluccia Commercial Group.

Retail
Net-leased CVS property trades for $9 million in deal arranged by Marcus & Millichap

A private investor has acquired a net-leased retail property just off the Hudson River in Edgewater for $9 million, in a newly announced deal by Marcus & Millichap.

Retail
Wolf Fitness opens new 20,000 sq. ft. location in Sewell, Goldstein Group says

A gym franchise has expanded in Gloucester County as part of a recent 20,000-square-foot deal arranged by The Goldstein Group and Metro Commercial.

Professional Services
Wickner Realty debuts tech-driven third-party management firm

Wickner Realty Development Corp. has launched a new third-party management affiliate that will combine its own experience with what it described as the latest technologies.

Retail
Toms River OKs Doren Development plan to build new Starbucks on Route 37

Doren Development is advancing plans to build a new Starbucks in Toms River after receiving local approval for the freestanding project.

Office
Calabrese Development buys 9,000 sq. ft. commercial building in downtown Raritan Borough

Calabrese Development Group has acquired a commercial building in Raritan Borough that will serve as its new headquarters while providing long-term redevelopment potential.

Events
Retail Reimagined: Join us April 23 as we discuss the future of New Jersey’s iconic malls and other shopping and dining destinations

Join us as commercial real estate leaders explore the future of New Jersey’s retail sector, from major mixed-use developments around legacy malls to food and beverage trends and regulatory changes that loom large for the asset class.

Retail
Kislak: Longtime owner sells CVS-anchored, 14,000 sq. ft. retail property in Freehold

A private investor has purchased a nearly 14,000-square-foot commercial building in downtown Freehold for $1.95 million, in a newly announced deal by The Kislak Co. Inc.

Retail
LMC: D1 Training studio inks 4,500 sq. ft. lease at Bridgewater shopping center

A national fitness concept has taken 4,500 square feet at the Somerset Shopping Center in Bridgewater, in a newly announced deal by Levin Management Corp.