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
Kushner, Whole Foods ink lease in Eatontown as Monmouth Mall redevelopment moves ahead

Kushner Cos. has signed a 40,000-square-foot lease to bring Whole Foods to Eatontown, landing a key tenant as it advances its plan to transform the sprawling Monmouth Mall property.

Retail
JLL: Investment firm buys 91,000 sq. ft. Woodland Park retail center for $18 million

An affiliate of Northeast Capital Group has purchased a nearly 91,000-square-foot shopping center in Woodland Park for $18 million, brokers with JLL announced Tuesday.

Retail
Hackensack business group launches pop-up program, offering free rent for entrepreneurs

The Main Street Business Alliance in Hackensack is teaming with downtown property owners to provide spaces for pop-up stores that could ultimately become permanent tenants.

Retail
Los Angeles firm eyes ‘vibrant, mixed-use destination’ after buying Bridgewater Commons

A real estate firm focused on large retail properties has acquired Bridgewater Commons, with plans to create a vibrant, mixed-use destination around the 1.2 million-square-foot mall.

Deals
Developers buy Elizabeth property, prospective development site, for $2.9 million

A development team has entered Union County with its purchase of a one-acre commercial property in Elizabeth, according to a broker with Gebroe-Hammer Associates.

Retail
Swim school leases 10,000 sq. ft. at The Shoppes at North Brunswick, Azarian says

A growing chain of swim schools has taken nearly 10,000 square feet at an upscale shopping center in North Brunswick, according to a leasing team with Azarian Realty Co.

Government & Public Policy
EDA unveils $25 million program to help rescue vacant, underused commercial sites

The state Economic Development Authority has launched a funding program to help reposition properties such as vacant or underused office parks, malls or health care facilities, in another move aimed at rescuing many of New Jersey’s so-called stranded assets.

Retail
Kushner adds seafood restaurant, sunglasses shop to Pier Village retail lineup

Two retail tenants will open their first New Jersey locations after signing leases at Kushner’s mixed-use Pier Village property in Long Branch.

Professional Services
Tokarski Millemann to spearhead redesign of popular Italian restaurant in Belmar

The owners of a popular Jersey Shore restaurant have tapped Tokarski Millemann Architects to spearhead a redesign and expansion of the space.

Retail
Alfalfa opens new 1,200 sq. ft. eatery in Jersey City, following build-out by GTL Construction

GTL Construction has completed the interior fit-out for a new Alfalfa restaurant in downtown Jersey City, its latest project in the food service industry.