Sayreville, N.J. — A joint venture between North American Properties (NAP) and PGIM Real Estate is set to break ground on Riverton, a $2.5 billion, 418-acre, mixed-use development located roughly 33 miles south of Manhattan along the Raritan River in Sayreville.
Toms River, N.J. — HFF has arranged a $17.4 million loan for the acquisition of Commons at Hooper, a 120,349-square-foot shopping center in the coastal New Jersey community of Toms River.
Flemington, N.J. — Sitar Realty Group has arranged the $5.6 million sale of a retail center located in Flemington, New Jersey.
Manasquan, N.J. — Levin Properties has purchased ACME Center, a retail property located in Manasquan, New Jersey, for an undisclosed price.
Glassboro, N.J. — Nexus Properties has signed five new retail tenants to the Rowan Boulevard redevelopment, a mixed-use project in Glassboro.
Mount Laurel, N.J. — CBRE has arranged a $14.1 million acquisition loan for Towne Square Shopping Center, an 88,265-square-foot shopping center in Mount Laurel, a New Jersey suburb of Philadelphia.
Cherry Hill, N.J. — PREIT has opened a 26,000-square-foot location for Zara at Cherry Hill Mall in Cherry Hill, located nine miles east of Philadelphia.
Shrewsbury, N.J. — HFF has secured a $43.6 million refinancing for The Grove at Shrewsbury, a 148,000-square-foot lifestyle center located 25 miles south of New York City in Shrewsbury, New Jersey.
New York City and North Bergen, N.J. — Madison International Realty will acquire Forest City Realty Trust’s 51 percent interest in a 2.1 million-square-foot, 12-asset retail portfolio located in New York City and northern New Jersey for $1 billion.
Cedar Knolls, N.J. — Key Properties has opened Hanover Crossroads, a 170,000-square-foot shopping center located in Cedar Knolls.
