Franklin Park, N.J. — Stan Johnson Co. has arranged the $56 million sale of Franklin Towne Center, a 138,000-square-foot shopping center located in Franklin Park. Stop & Shop anchors the property, which was developed in 1990. Isaiah Harf of Stan
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East Rutherford, N.J. — Triple Five Group, owner of the 3 million-square-foot American Dream shopping, dining and entertainment destination in Northern New Jersey, will soon open a 10,000-square-foot food hall. The food hall will feature seven concepts, including Van Leeuwen Ice Cream,
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Butler, N.J. — Marcus & Millichap has brokered the $23.5 million sale of Butler Plaza, a 29,833-square-foot retail center located in the Northern New Jersey community of Butler. The property was completed in 2021 and is home to tenants including
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Hackensack, N.J. — Sterling Organzation has acquired Riverfront Plaza, a 129,000-square-foot retail center located in the Northern New Jersey community of Hackensack. ShopRite anchors the property, which was 96 percent leased at the time of sale to tenants including Sherwin-Williams,
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Singapore and Paramus, N.J. — Kingsmen Xperience, the U.S. location-based experienced focused subsidiary of Singapore-based Kingsmen Creatives Ltd. and Hasbro Inc. will be opening the first North American location of Nerf Action Experience and the world’s first Planet Playskool kids
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Livingston, N.J. — Azarian Realty Co. has signed two new tenants to leases at Livingston Town Center, a 65,000-square-foot shopping center in the Northern New Jersey city of Livingston. Spa concept Bleu Mirage Aesthetics has leased 1,886 square feet, and
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Sparta, N.J. — JLL has arranged a $21.5 million loan for the refinancing of Sparta Town Center, an 87,984-square-foot shopping center in Northern New Jersey. Anchored by Stop & Shop, the center was fully leased at the time of the
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Deptford, N.J. — SRS Real Estate Partners has negotiated the $17 million sale of a 60,750-square-foot retail property in the Southern New Jersey community of Deptford that is fully leased to Best Buy on a triple-net basis. The electronics retailer has
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Allendale, N.J. — Azarian Realty Co. has signed fast casual restaurant concept Primo Hoagies to a 2,008-square-foot lease at the 90,000-square-foot Allendale Town Center, located in Bergen County in Northern New Jersey. Kevin Pelio and James Azarian of Azarian Realty
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Hoboken, N.J. — Katz & Associates has arranged the $13 million sale of a 20,000-square-foot retail building formerly occupied by Bow Tie Cinemas in Hoboken, located across the Hudson River from Manhattan. Jonathan Greenberg of Katz & Associates represented the
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Bridgewater, N.J. — Patio/outdoor furniture and accessories retailer Fortunoff Backyard Store will open a 9,400-square-foot retail establishment at Somerset Shopping Center in the Northern New Jersey community of Bridgewater. The tenant will backfill a space at the 219,000-square-foot center that
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Franklin Township, N.J. — Axiom Capital Corp. has arranged a $25 million loan for the refinancing of a 113,204-square-foot retail center in Franklin Township, about 40 miles south of Manhattan. Grocer ShopRite anchors the three-building property, with Wells Fargo occupying
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