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
Bergenfield shopping center leased up after three newest deals, RIPCO says

Three new tenants have leased space at a Bergenfield shopping center to bring the nearly 72,000-square-foot property to full occupancy, brokers with RIPCO Real Estate announced.

Retail
LMC: Habit Burger leases 3,100 sq. ft. for new pad location at Hamilton retail center

A new Habit Burger Grill is coming to Hamilton Plaza, a nearly 176,000-square-foot shopping center at a busy intersection in Hamilton.

Retail
JLL: Five retailers take 11,000 sq. ft. in Westfield, as remote workers boost foot traffic

A stretch of downtown Westfield is seeing a spike in retail leasing amid increased traffic from remote workers in the bedroom community, according to brokers with JLL.

Government & Public Policy
RPM lands $29 million Aspire tax credit for redevelopment of historic Trenton property

A plan to bring 120 new apartments to a historic property in Trenton is moving ahead with the help of more than $29 million in tax credits under the state’s Aspire program.

Retail
Event business leases 2,600 sq. ft. at Woodbridge strip center, Azarian says

An event company has taken more than 2,600 square feet at a Woodbridge shopping center, in a newly announced deal by Azarian Realty Co.

Office
Hoboken: Boutique office building now fully leased after acquisition by Maridian Properties

The owner of a historic office and retail building in Hoboken has brought it to full occupancy, following its recent acquisition and renovation of the nearly 23,000-square-foot property.

Retail
Burlington takes 25,000 sq. ft. at Ramsey shopping center, Welco says

A new 25,000-square-foot Burlington store is coming to a Ramsey shopping center, under a newly announced transaction by Welco Realty Inc.

Retail
ShopRite debuts at new-look Fair Lawn retail center, following deal arranged by RIPCO

A new ShopRite has opened its doors off Route 208 in Fair Lawn, where it anchors a redeveloped retail property owned by Crossroads Cos.

Retail
Newmark Associates: Investor adds 12,000 sq. ft. retail, office property in Mountain Lakes

A private investor has purchased a 12,000-square-foot retail and office property in Mountain Lakes, in a transaction arranged by Newmark Associates.

Finance & Capital Markets
JLL: S. Hekemian Group lands financing for retail, surgery center project in Montvale

The S. Hekemian Group has secured financing for a project that will bring more than 84,000 square feet of medical and retail space to a sweeping redevelopment site in Montvale.