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.

Government & Public Policy
Recreational cannabis sales in New Jersey jump 46 percent, top $116 million in Q3

Sales of recreational cannabis in New Jersey rose to more than $100 million in the third quarter, showing the potential of a market that launched less than eight months ago.

Retail
Federal Realty buys ex-bank property in downtown Hoboken, Pierson says

The site of a former bank branch in downtown Hoboken has traded for $9 million, in a newly announced deal by Pierson Commercial.

Retail
Playa Bowls franchisee opens in Hunterdon for fourth location, Kraft Development says

Playa Bowls has continued its growth in the state with a franchisee’s new location in the Whitehouse Station section of Readington, according to Kraft Development II LLC.

Retail
Grid inks flurry of restaurant, retail leases among 16 deals in Hudson County

A new barbecue restaurant is coming to the base of a Jersey City apartment building, under one of several recent Hudson County retail leases by Grid Real Estate.

Retail
Family entertainment center takes 37,000 sq. ft. at Millville retail site, Irgang says

Irgang Group has inked a 36,500-square-foot anchor lease to bring Fun City Adventure Park, a family entertainment concept, to a 393,000-square-foot retail center in Millville.

Retail
Pierson Commercial inks $2.5 million sale of commercial condo at Hoboken’s Wonder Lofts

Prism Capital Partners has sold a 3,400-square-foot commercial condominium at the newly opened Wonder Lofts property in Hoboken, in a deal arranged by Pierson Commercial.

Office
SJP, PGIM unveil new rooftop terrace to complete overhaul of Park Avenue office tower

SJP Properties and PGIM Real Estate have completed a major renovation of a 300,000-square-foot office and retail building in Midtown Manhattan.

Retail
Goldstein Group inks sale of 17,000 sq. ft. car dealership property

A high-end car dealership has purchased a 17,400-square-foot commercial building on Route 1 South in Edison, brokers with The Goldstein Group announced Monday.

Retail
Indoor park operator Sky Zone plans new locations in North Bergen, Rutherford

Indoor active entertainment company Sky Zone has announced plans to open new park locations in North Bergen and Rutherford.

Retail
Azarian: Co-working concept takes 1,500 sq. ft. at North Brunswick lifestyle center

A co-working concept has leased nearly 1,500 square feet to join the tenant mix at a North Brunswick retail center, in a newly announced deal by Azarian Realty Co.