Content about Jersey

September 11, 2013

The retail vacancy rate along central New Jersey’s major shopping corridors increased to 9.8% this summer, according to R.J. Brunelli & Co.’s 24th annual study of the central New Jersey market.

Old Bridge, N.J. — The retail vacancy rate along central New Jersey’s major shopping corridors increased to 9.8% this summer, according to R.J. Brunelli & Co.’s 24th annual study of the central New Jersey market.

The disappointing upward spike follows a major decline from a 10-year high of 10.5% to 9.1% between 2011 and 2012. R.J. Brunelli attributed the change to growing closures of smaller ships overcoming progress in re-tenanting big-box spaces larger than 20,000 sq. ft.

June 13, 2012

Driven by new big-box store closures, the vacancy rate in retail properties along northern New Jersey's six major shopping corridors edged up to 8.2% in April from 8.1% a year ago and 8.0% in 2010, according to R.J. Brunelli & Co.

Old Bridge, N.J. -- Driven by new big-box store closures, the vacancy rate in retail properties along northern New Jersey's six major shopping corridors edged up to 8.2% in April from 8.1% a year ago and 8.0% in 2010, according to R.J. Brunelli & Co.

May 30, 2012

The Retail Industry Leaders Association (RILA) issued the following statement in response to the announcement that New Jersey Governor Chris Christie has reached an agreement with Amazon.com requiring the online retailer to begin collecting state sales tax on purchases made in New Jersey by July 1, 2013.

Washington, D.C. -- The Retail Industry Leaders Association (RILA) issued the following statement in response to the announcement that New Jersey Governor Chris Christie has reached an agreement with Amazon.com requiring the online retailer to begin collecting state sales tax on purchases made in New Jersey by July 1, 2013.

"Today's announcement ends the practice of giving out-of-state retailers like Amazon.com an unfair advantage over those retailers who are an integral part of communities across New Jersey," said RILA president Sandy Kennedy

May 22, 2012

Jersey Gardens, the largest outlet mall in New Jersey, is getting a makeover and a new brand identity.

Las Vegas -- Jersey Gardens, the largest outlet mall in New Jersey, is getting a makeover and a new brand identity. The 1.5 million-sq.-ft. center, in Elizabeth, N.J., will be rebranded The Outlet Collection/Jersey Gardens as part of a new strategy by developer Glimcher Realty Trust to introduce a new brand designation for its outlet centers going forward.

March 17, 2011

Fameco Real Estate, L.P. announced that Yogurtland has signed two leases in New Jersey to kick off its store roll-out program.

Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. announced that Yogurtland has signed two leases in New Jersey to kick off its store roll-out program.

The 120-unit yogurt chain will open a 1,300-sq.-ft. store at The Shoppes at Union Hill in Denville, N.J., and a 1,200-sq.-ft. store at Hamilton Marketplace in Hamilton, N.J.

The stores are expected to open in late spring/early summer.