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.

LMC: Eye care business under new ownership, keeps 2,000 sq. ft. Bridgewater location

An optical retailer is maintaining its presence at a Bridgewater shopping center, under a newly completed lease by Levin Management Corp. and Cushman & Wakefield.

Water ice parlor signs new lease, expanding to Cherry Hill

A water ice and ice cream parlor has signed a lease for a new location in Cherry Hill, in a newly completed transaction by Vantage Commercial.

Institutional buyers, able to see past short-term uncertainty, still finding value in New Jersey

After treading lightly for much of the past year, institutional investors appear poised to accelerate their commercial real estate spending in 2021. New Jersey and other suburban markets could benefit in the near term as buyers await the return of New York City — especially in an apartment sector that is regaining its footing after stumbling during the pandemic.

Gaming hall takes 2,500 sq. ft. in Mahwah, Midtown Commercial says

A tabletop gaming venue has joined the roster at a grocery-anchored retail center in Mahwah, in a newly announced transaction by Midtown Commercial Realty.

Fitness, personal training academy takes 11,000 sq. ft. in Hamilton, R.J. Brunelli says

A fitness and personal training business is taking nearly 11,000 square feet at a Hamilton retail center, in the largest of several newly announced leases by R.J. Brunelli & Co.

Italian trattoria moves to Short Hills, Midtown Commercial says

An Italian restaurant is relocating within Essex County, under a newly announced lease by Midtown Commercial Realty.

FMERA issues requests for proposals to redevelop 82-acre Fort Monmouth parcel

State officials are now accepting proposals for a key parcel at Fort Monmouth, touting an opportunity to redevelop more than 80 acres at the gateway of the historic property.

Medical spa takes 1,400 sq. ft. in Tinton Falls, Midtown Commercial says

A medical spa has leased nearly 1,500 square feet of retail space in Tinton Falls, in a transaction arranged by Midtown Commercial Realty.

Senlac Ridge Partners names new principal for development and construction

Senlac Ridge Partners has added a longtime development executive as its newest principal, as the firm looks to ramp up its pipeline of ground-up projects in the region.

Developers add retina specialists to sprawling mixed-use project in Gloucester County

A joint venture has secured a new retail tenant at a large mixed-use development in Gloucester County, inking a 5,400-square-foot lease with a regional retina specialist.