Woodcliff Lake, N.J. — Party City Holdco Inc. (NYSE: PRTY) has filed for Chapter 11 bankruptcy. The restructuring process is expected to substantially reduce the company’s debt and optimize its capital structure and liquidity. The company expects to complete the
…
Atlantic City, N.J. — Provident Bank has provided a $7.5 million loan for the refinancing of Renaissance Plaza, a 76,000-square-foot, grocery-anchored shopping center in Atlantic City. Tenants include Family Dollar, CVS/pharmacy and H&R Block. Daniel Fromm led a Newmark team
…
East Rutherford, N.J. — WHP Global will open the first flagship Babies “R” Us store at American Dream, a retail and entertainment development comprising 3 million square feet in East Rutherford, roughly 10 miles outside of New York City. In
…
Hazlet, N.J. — Onyx Equities and Siguler Guff & Co. have signed leases with three new tenants at Hazlet Town Center, a 200,000-square-foot shopping center located in Hazlet, roughly 40 miles outside New York City. Totaling 9,614 square feet, the
…
Philadelphia — PREIT has executed leases with new tenants at 19 locations throughout its portfolio. The new tenants include Daily Thread, which will open stores at 9 locations; Uniqlo, which will open at Cherry Hill Mall in New Jersey; Carter’s,
…
Belleville, N.J. — Cronheim Mortgage has arranged an $11.5 million permanent loan for a 70,450-square-foot shopping center in the Northern New Jersey community of Belleville. Grocer ShopRite anchors the center. Allison Villamagna and Andrew Stewart placed the 12-year loan through
…
West Long Branch, N.J. — Marcus & Millichap’s Institutional Property Advisors (IPA) has facilitated the $63 million sale of Consumer Centre, a 293,087-square-foot shopping center located in West Long Branch. Paramount Realty Services acquired the Home Depot-anchored property, which was
…
Allendale, N.J. — Azarian Realty Co. has arranged two new leases at Allendale Town Center, a 90,000-square-foot shopping center located in Allendale in Northern New Jersey. Bergen County Pediatric Dentistry will occupy 2,270 square feet and the center, and AM/PM
…
Morris Township, N.J. — More than twenty tenants have signed leases at Morris Marketplace, a soon-to-be-completed 140,000-square-foot retail center located in Morris Township. Steve Battista and William Lenaz of Jeffrey Realty arranged the leases on behalf of the undisclosed landlord.
…
Berkeley Heights, N.J. — Connell Co. has unveiled plans for expansion at The Park, a 185-acre mixed-use campus in the Northern New Jersey community of Berkeley Heights. The latest phase of The Park will be known as The District and
…
Long Branch, N.J. — Three new tenants will join the roster at The Shops at Pier Village, a retail center comprising over 140,000 square feet in Long Branch. Lifestyle brand Salt Life will occupy 3,453 square feet; beauty retailer Strand
…
North Brunswick, N.J. — Crumbl Cookies has opened a location at The Shoppes at North Brunswick, a retail center located in North Brunswick in northern New Jersey. Crumbl has leased 1,794 square feet of space in the open-air shopping center,
…