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.

Deals
Outgoing owner of printing business sells Burlington facility, Vantage Commercial says

The retiring owner of a printing business has sold a 3,000-square-foot facility along Route 130 in Burlington, in a newly announced deal by Vantage Commercial.

Retail
Pierson inks deal to bring Mexican eatery, tequila bar to Veris Residential tower in Jersey City

A restaurant group is bringing a Mexican eatery and tequila bar to Jersey City, where it has leased 8,000 square feet at a new apartment tower built by Veris Residential Inc.

Retail
CBRE: Teaneck retail center trades for first time in 65 years, fetching $6.25 million

A real estate firm has sold a grocery-anchored shopping center in Teaneck for $6.25 million, marking the first trade of the property in 65 years.

Retail
Lawn Buddies takes 3,500 sq. ft. at Somerville retail building, BRC says

A lawn care company is adding a location in central New Jersey after leasing 3,500 square feet of retail space in Somerville, brokers with Bussel Realty Corp. said Monday.

Retail
LMC: Salon studio takes 12,000 sq. ft. at Somerset Shopping Center in Bridgewater

A salon studio business is expanding in New Jersey with a new 12,000-square-foot lease at a Bridgewater shopping center, according to a team with Levin Management Corp.

Retail
Grid: Fitness chain takes 5,000 sq. ft. at Jersey City condo building

A new gym is coming to downtown Jersey City after leasing 5,000 square feet at the base of a luxury condominium building, under a deal arranged by Grid Real Estate.

Retail
JLL inks sale of 395,000 sq. ft. ShopRite-anchored retail center in Suffolk County

A nine-building, grocery-anchored retail center spanning nearly 400,000 square feet has changed hands on Long Island, in a deal arranged by JLL’s Morristown-based capital markets team.

Finance & Capital Markets
Urban Edge refis Bergen Town Center for $290 million, JLL says

Urban Edge Properties has secured $290 million to refinance its 1 million-square-foot Bergen Town Center in Paramus and Maywood, in a newly announced deal by JLL.

Residential & Mixed Use
Inspired breaks ground on 22 apartments at ex-coffee house site in Long Branch

Inspired by Somerset Development has started construction on a project that will bring new apartments and retail space to the former site of a famed coffee house in Long Branch.

Retail
Resources Real Estate adds veteran broker, former Toys R Us asset manager to sales team

A veteran leasing executive and former asset manager for Toys R Us has joined Resources Real Estate, helping to bolster the firm’s commercial sales division.