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
Norman’s Hallmark signs lease in Somers Point for latest South Jersey store

A new Norman’s Hallmark is coming to Atlantic County after signing a lease for more than 6,000 square feet in the city of Somers Point.

Retail
RIPCO marketing retail space at Hackensack medical office building, with endcap available

A rare endcap retail space is on the market at a well-known medical office building in downtown Hackensack, according to a leasing team with RIPCO Real Estate.

Retail
Cannabis dispensary takes 2,500 sq. ft. for new West Orange location, Blau & Berg says

A new cannabis dispensary is coming to West Orange after completing a lease for 2,500 square feet, in a newly announced deal by The Blau & Berg Co.

Retail
Investor adds 26,000 sq. ft. Clinton shopping center for $6.2 million, Marcus says

A private investor has acquired a Walgreens-anchored shopping center in Hunterdon County for nearly $6.2 million, brokers with Marcus & Millichap announced Monday.

Retail
H Mart opens at American Dream after lease brokered by Goldstein Group, Chaus Realty

A new H Mart has opened its doors at American Dream, occupying nearly 40,000 square feet inside the massive retail and entertainment complex in East Rutherford.

Professional Services
Broker joins Zoltek Commercial Real Estate Services as senior associate

Zoltek Commercial Real Estate Services has announced the hiring of a new senior associate.

Government & Public Policy
Murphy calls for five-year phaseout of liquor license cap, tax credit for existing holders

Gov. Phil Murphy has revealed new details of a proposal to update the state’s decades-old liquor licensing program, seeking to balance new economic growth with the interests of existing operators.

Retail
Produce market fills final vacancy at Burlington shopping center, Vantage Commercial says

A produce market has taken the lone vacancy at a busy Burlington shopping center, in a newly announced deal by Vantage Commercial.

Retail
Cervelli marketing 2,900 sq. ft. restaurant, retail space at new Jersey City building

A developer has hired Cervelli Real Estate as its leasing agent for a soon-to-be-complete restaurant and retail space in Jersey City’s McGinley Square neighborhood.

Editor’s Note
Growth story

As you’ll read in this month’s cover story, Accurate has been prolific in filling its development pipeline, moving decisively to secure new projects in the state and elsewhere. It now has construction underway, approvals in place or sites under control to build another roughly 6,400 apartments and townhomes, including more than 4,000 units in Newark, where it’s leading the sweeping redevelopment of the former Riverfront Stadium property.