The owner of a grocery-anchored shopping center in Belleville has refinanced the property for nearly $12 million, brokers with Cronheim Mortgage announced Friday.
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.
JLL has negotiated the sale of Riverfront Plaza, a 129,000-square-foot shopping center anchored by ShopRite in Hackensack.
ShopRite has expanded its footprint at a Burlington County shopping center, in one of three recent transactions at the property by Levin Management Corp.
A joint venture has landed nearly $43 million in financing to build a mixed-use, grocery-anchored development at the site of an existing commercial complex outside Philadelphia.
An investment firm has expanded its portfolio in the region with the purchase of a 393,000-square-foot, grocery-anchored shopping center along Route 47 in Millville.
A buyer has paid $32 million to acquire a fully leased, soon-to-be-repositioned retail center in Monmouth County that will be home to a new ShopRite location.
The owner of a four-year-old, grocery-anchored shopping center in Newark has tapped Levin Management Corp. as its leasing and management agent.