Retail
Retail refresh: Expansion by grocers, big boxes spurring major updates of New Jersey shopping centers

As supermarkets and other anchor tenants look to expand their reach in New Jersey, landlords are accommodating them with renovated shopping centers that are likely to help attract new retailers to those properties.

Editor’s Note
Sprucing it up

New Jersey is largely built out, at least as far as the best locations are concerned, meaning redevelopment is often the only option. That’s driving a series of new investments by shopping center owners that have secured new deals with supermarkets and other big-box tenants. Those landlords are now renovating their assets in conjunction with the new anchor leases, which figures to help attract new retailers to those properties.

Retail
Urban Edge leases 4,300 sq. ft. in Watchung for new Ethan Allen store

Furniture chain Ethan Allen has signed a new lease with Urban Edge Properties, with plans to open a store and showroom at a Route 22 shopping center in Watchung.

Retail
Urban Edge acquires new 87,000 sq. ft. retail center in Watchung for $34 million

Urban Edge Properties has acquired an 87,000-square-foot shopping center in Watchung for $34 million, completing the deal as part of a flurry of recent moves across its portfolio.

Office
Estate, elder law firm takes 4,300 sq. ft. in Watchung, Boniakowski says

A law firm has signed a new 4,300-square-foot lease at a Watchung office building, according to a brokerage team with The Boniakowski Commercial Real Estate Group.

Retail
Joint venture buys 38,000 sq. ft. Cinemark property at busy Route 22 intersection, JLL says

A joint venture has acquired the site of a nearly 38,000-square-foot movie theater on Route 22 in Watchung, in a newly announced deal by JLL.

Retail
LMC: New ShopRite store, center-wide upgrades coming to Blue Star on Route 22

ShopRite is getting a new home at Blue Star Shopping Center in Watchung, under a major redevelopment of the prominent 420,000-square-foot property on Route 22.

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.

Retail
Five Guys location under new ownership, renegotiates lease at Route 22 shopping center

A Five Guys location at Watchung’s Blue Star Shopping Center is under new ownership and has renegotiated its lease, according to Levin Management Corp., the leasing and managing agent for the 420,000-square-foot property on Route 22.

Retail
C&W touts 126,000 sq. ft. in retail, restaurant leases in New Jersey region

A beauty salon co-working business has added more than 54,000 square feet in New Jersey across five new locations, in a series of deals announced by Cushman & Wakefield.