The Morristown-based Hampshire Cos., a full service, private real estate investment firm, announced Wednesday the acquisition of a 66,000-square-foot, free-standing ShopRite grocery store and an adjacent 1,000-square-foot gas station in Albany, N.Y., from Albany-based Columbia Development Cos.
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Retail
Fresh Grocer to join Wakefern cooperative
The Fresh Grocer announced Wednesday it will join Wakefern Food Corp., of Elizabeth, as its 50th cooperative member. Financial terms were not disclosed.
Read More »T.G.I. Friday’s franchisee agrees to pay 500K fine in alcohol-switching case
The Livingston-based Briad Restaurant Group has agreed to pay a $500,000 fine and will not contest charges that some of its restaurants substituted off-brands of liquor for customers ordering top-shelf alcohol, the state announced today.
Read More »Marcus Millichap arranges sale of 20.6M shopping center
Marcus & Millichap Real Estate Investment Services announced Tuesday it arranged the sale of Marketplace at Edgewater, an 88,641-square-foot shopping center and an adjoining pad site, in a $20.6 million deal.
Read More »Gellert appoints new CFO
Gellert Global Group, in Elizabeth, a network of food importers with revenues of more than $900 million, on Tuesday announced it hired Tom DeCarlo to be chief financial officer of the company's Atalanta business.
Read More »Developer says Irvington mall could open this fall
The Valley Mall Plaza, in Irvington, could open for business as early as this fall, developer Joseph Sarder said today during an open house at the property, off I-78 on Chancellor Avenue.
Read More »Goldstein Group appointed exclusive broker to 4 N.J. properties
The Paramus-based Goldstein Group, a retail real estate brokerage, announced Monday it has been appointed the exclusive broker to four properties in Elizabeth, Passaic and Paterson.
Read More »N.J. economy ‘finally seems to be gaining momentum,’ report finds
An improving jobs climate buoyed New Jersey’s fledgling economic recovery in the first half of 2013, though significant headwinds persist, ranging from a below-average housing market to long-term damage caused by Hurricane Sandy, according to a new report.
Read More »Billtrust announces expanded billing options for its clients
Hamilton-based electronic billing vendor Billtrust has unveiled new telephone-based technology, dubbed interactive voice response, expanding service options available to its customers.
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Avis acquires Payless Car Rental in 50 million cash deal
Avis Budget Group, of Parsippany, announced today it has acquired Payless Car Rental in an all-cash deal valued at approximately $50 million.
Read More »Horizon, Walgreens team to offer consumers health reform info
Consumers can pick up information about health care reform at Walgreens stores in New Jersey under a joint campaign launched today with Horizon Blue Cross Blue Shield of New Jersey, part of a nationwide partnership between Blue Cross plans and Walgreens to educate consumers about the Affordable Care Act.
Read More »Uniqlo opens new locations
Global clothing retailer Uniqlo announced today the opening of two additional locations in New Jersey. The company is opening new stores in the Bridgewater Commons mall, in Bridgewater, and Menlo Park Mall, in Edison.
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