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
REIT sells West Long Branch retail center for $63 million, Marcus & Millichap says

A real estate investment trust has sold a nearly 300,000-square-foot power center in West Long Branch for $63 million, brokers with Marcus & Millichap announced Wednesday.

Retail
SuperFresh takes 25,000 sq. ft. in Clifton, in one of four CBRE-brokered deals

Grocery chain SuperFresh has signed a new 25,000-square-foot lease in Clifton, in one of several newly announced retail deals by CBRE.

Retail
Azarian: Pediatric dentist, urgent care ink leases at grocery-anchored center in Allendale

Two health care tenants are coming to an Allendale shopping center, leasing a combined 5,370 square feet under a set of deals arranged by Azarian Realty Co.

Retail
Prism inks deals with Blue Foundry, Kessler as first retail tenants at Dunellen project

Prism Capital Partners has secured its first two retail tenants at a new mixed-use development in the Middlesex County borough of Dunellen.

Residential & Mixed Use
Developers join Murphy, Oliver to launch $500 million redevelopment in East Orange

An investment group has broken ground on what’s billed as a $500 million development project in East Orange, where plans call for 820 mixed-income apartments and more than 200,000 square feet of commercial space anchored by a new supermarket.

Retail
Goldstein Group: Clothing shop expands to New Jersey, takes 4,000 sq. ft. in Manalapan

Three new tenants are coming to a Manalapan strip center after leasing a combined 9,100 square feet at the property, according to brokers with The Goldstein Group.

Retail
Marcus inks $9.25 million sale of 41,000 sq. ft. Toms River retail property

A personal trust has sold a nearly 41,000-square-foot retail property in Toms River for $9.25 million, in a newly announced deal by Marcus & Millichap.

Retail
LMC: Optimism reigns (but inflation looms) ahead of holiday shopping season

Retailers in and around New Jersey were largely optimistic ahead of a critical holiday shopping season, while still grappling with concerns about inflation and other economic pressures.

Retail
Developer eyes debut of new retail center at ex-Colgate site in Morris Twp., Jeffery says

A developer is nearing completion of a new 140,000-square-foot retail and dining property in Morris Township that will be home to some two dozen tenants.

Professional Services
Longtime retail brokers Winters, Horne join RIPCO New Jersey team

RIPCO Real Estate has added two veteran retail brokers as executive vice presidents, helping to bolster its team in the New Jersey market.