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
LMC: Fast-growing salon suite franchise leases 7,900 sq. ft. in Howell

A salon suite franchise has added another location with a newly signed lease at Howell’s Aldrich Plaza, in a newly announced deal by Levin Management Corp.

Professional Services
Zoltek adds sales, leasing specialist to Fair Lawn-based team

Zoltek Commercial Real Estate Services has announced the hiring of Kristina Khomenko, who joins the firm as the newest member of its Fair Lawn-based sales team.

Retail
Chip City plans continued growth after recent North Jersey store openings

Gourmet cookie chain Chip City is eyeing some two dozen additional locations this year after opening three new stores in New Jersey since late January alone.

Government & Public Policy
Atlantic City: Developer, city officials sign MOU for $3 billion Bader Field redevelopment

A developer has taken a key step in a bid to transform Atlantic City’s Bader Field, signing a memorandum of understanding with city officials in connection with a nearly $3 billion proposal that includes housing, retail and a racetrack.

Retail
Family sells Burlington County strip center for $1.2 million, Rose Commercial says

A local restauranteur has acquired a nearly 14,000-square-foot strip center in the Burlington County township of Tabernacle, in a deal arranged by Rose Commercial Real Estate.

Retail
JLL: Middle Eastern-themed quick-service eatery takes 3,000 sq. ft. in Jersey City

A quick-service Middle Eastern restaurant is coming to Jersey City after leasing 3,000 square feet at the base of a waterfront office building, according to a broker with JLL.

Retail
New York investor buys 10,000 sq. ft. Short Hills strip center, Marcus says

A private investor has purchased a strip center in the Short Hills section of Millburn for $7 million, according to brokers with Marcus & Millichap.

Residential & Mixed Use
Redevelopment of Parsippany office park comes with multilayered approach to sustainability

The transformation of a suburban office park in Parsippany — one of New Jersey’s most closely watched redevelopment projects — comes with a heavy focus on sustainability, including a plan to seek certification with the U.S. Green Building Council for the entire 45-acre community.

Events
Jersey City Summit, high-profile development showcase, set to return May 22

The popular Jersey City Summit is set to return on May 22, marking its eighth year as it prepares to welcome more than 1,000 attendees for the annual real estate industry showcase.

Retail
Pierson adds Goswami to retail brokerage team

Pierson Commercial has announced a new addition to its Marlboro-based team of retail brokers.