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Retail

Keeping their cool Industry insiders say Bayonne Bridge delays won’t slow growth of refrigerated warehouses

Von Dohlen, the president of Port Newark Refrigerated Warehouse in Newark, is all in. In fact, he’s building out to take advantage of the booming business that’s already here. “I don’t think you’d delay your own (construction) because there will still be plenty of freight around to keep people happy,” von Dohlen said. “I’m spending ...

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13M project bringing ShopRite to South Plainfield

The plan involves demolition of an existing 54,000-square-foot retail building at the corner of Oak Tree Road and Park Avenue, and the construction of a 76,000-square-foot property in its place. The ShopRite site, originally home to an A&P, had been a challenge to revamp after that supermarket moved across the street, according to Michael Polimeni, ...

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Denver firm buys Chester shopping center for 53.8M

Dividend Capital Diversified Property Fund Inc. purchased the Chester Springs center in Chester, using cash in hand and its revolving credit facility, it said Monday in a news release. “We are very excited to enter the northern New Jersey market with this acquisition and further our strategy of acquiring necessity-oriented shopping centers in strong trade ...

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Joyce Leslie appoints new CEO

Clancy will succeed Nancy Shapiro and Joyce Segal, co-presidents, who will now act as consultants to the company and remain on the board of directors. “It is time for Nancy and I to retire and turn our family’s legacy over to Celia and the management team,” Segal said in a prepared statement “It has been ...

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Devils, Pru Center set to unveil new amenities for fans, businesses

Like the Barclays Center, which opened in 2012, or the recently transformed Madison Square Garden. “(For) people who spend their budgets, whether they’re personal or business, there’s always competition in terms of where they can go do it,” said Weber, president of the Prudential Center. “So whether they’re getting a restaurant or an exclusive club ...

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Hoboken product company announces new CEO

“The BEABA brand, along with offerings from its sister brand, Red Castle, which is known for high quality textiles, is only beginning to be known in the United States,” Speransky said in a prepared statement. “I am excited to be leading the U.S. division of this company at such an exciting time for the brand, ...

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