Retail
Rivani sells 168,000 sq. ft. net-leased retail portfolio in Mount Olive for $28 million
Investment firm Rivani has sold a nearly 168,000-square-foot portfolio of net-leased retail properties in Mount Olive for $27.9 million, according to brokers with JLL.
Culture campus: Newark Museum update marks latest milestone as $100 million mixed-use project takes shape around it
New Jersey’s oldest museum has undergone a significant upgrade, solidifying its commitment to serve as a dynamic cultural hub for the region and beyond. It also is considered the cornerstone of the $100 million, blended-use project that’s poised to link two downtown neighborhoods.
Building momentum
The Museum Parc project is now taking shape around The Newark Museum of Art, as you’ll read in this month’s cover story, as a development team constructs two new buildings with a combined 250 mixed-income apartments, ground-floor retail and additional cultural spaces such as a vibrant, glass-enclosed gallery. The construction along Central Avenue is now about 50 percent complete, as anticipation builds for full delivery in early 2027.
Dim sum, dumplings eatery takes 3,700 sq. ft. at Taurasi Group’s Southend Hoboken project
Nana’s Dim Sum & Dumplings is slated to open next summer at Southend Hoboken at 38 Jackson St. in Hoboken. — Courtesy: Nana’s (via The Taurasi Group) By Joshua Burd A fast-growing dim sum concept is entering New Jersey with a newly announced location in Hoboken,...
LMC: West Orange Plaza adds three tenants as major expansion, update continues
Three additional tenants are coming to a West Orange retail center amid an ongoing, multiphase expansion and renovation that has sparked new demand at the grocery-anchored property.
