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
Route 18 retail property in East Brunswick fetches $14 million, Marcus says

A private investor has purchased a nearly 58,000-square-foot shopping center in East Brunswick for $14 million, brokers with Marcus & Millichap announced Thursday.

Retail
Planet Fitness takes 19,000 sq. ft in Weehawken sublease, Jeffery Realty says

Planet Fitness is taking more than 19,000 square feet for a new location in Weehawken, in one of several newly announced deals by Jeffery Realty.

Office
NAI Hanson negotiates sale of office, retail portfolio in Bergenfield

NAI James E. Hanson has negotiated the sale of a nearly 31,000-square-foot mixed-use portfolio of commercial properties in Bergenfield.

Deals
Family-owned commercial buildings, seven-bedroom home sold in South Jersey

Vantage Commercial has brokered the sale of two commercial properties and a single-family home in southern New Jersey, working on behalf of a family estate.

Government & Public Policy
Russo, Onyx and Terminal to lead transformation of NJ Transit’s Metropark station

State officials have picked Russo Development, Onyx Equities and Terminal Construction to spearhead a project that would reshape NJ Transit’s busy Metropark station in Woodbridge.

Retail
Sanzari inks lease to bring global fitness franchise to Hackensack

A global fitness concept is coming to Hackensack after leasing space at Summit Plaza, an 88,000-square-foot retail complex owned by Alfred Sanzari Enterprises.

Retail
Craft brewery, tasting room set to open new 12,000 sq. ft. location at Fort Monmouth

A craft brewery is set to open its doors at Fort Monmouth after recently leasing space at a repurposed commissary building, according to a brokerage team with Pierson Commercial.

Retail
Lighting business takes 7,000 sq. ft. for new Paramus location, Goldstein Group says

A well-known lighting business has found a new home in Paramus after leasing more than 7,000 square feet on Route 4, brokers with The Goldstein Group announced Monday.

Retail
Vietnamese restaurant inks lease at ex-Panera site in Delran, Vantage Commercial says

A new restaurant is coming to a former Panera space at a Burlington County shopping center, under a deal arranged by Vantage Commercial.

People
Larken Associates taps Iacobucci as chief investment officer

Larken Associates has picked a veteran commercial real estate executive as its new chief investment officer.