Retail

Port Authority eyes new uses for Jersey City real estate

High-density residential developments adjacent to the Journal Square PATH station, in Jersey City, has prompted the Port Authority of New York and New Jersey to re-examine the transit hub's retail and office space, and attract companies that cater to the community, according to a real estate official at the bistate agency. Read More »

Retail rental rates staging comeback, expert says

The absorption rate of big-box retail space in New Jersey is increasing, with the Paramus-based Goldstein Group closing eight such transactions at the end of 2011, including four gyms, in northern and central New Jersey. Chuck Lanyard, president, said the New Jersey market is starting to see rent prices come back after dipping nearly 20 ...

Read More »

AP will close five N.J. stores as part of bankruptcy reorganization

Montvale-based A&P announced Monday that five additional New Jersey grocery stores will be closed, as part of 14 closures in four states, as part of the company’s reorganization after bankruptcy. A&P filed for bankruptcy in December 2010, and has been making incremental efforts to restructure the company and its four supermarket chains — A&P, Pathmark, ...

Read More »