Almost 60 Saks Off 5th and Last Call store leases go up for sale
See map of sites as loan tied to Saks Fifth Avenue flagship in New York enters special servicing
Leases for nearly 60 Saks Off 5th and Last Call stores that total 1.7 million square feet have officially gone on the block, with the sites touted as a chance for expanding chains ...
Lindabury law firm relocates headquarters to a new North Jersey location
Company moves from longtime home in Westfield to New Providence
A North Jersey law firm has relocated from the offices it has occupied for nearly 40 years to a new headquarters that it said promotes collaboration and flexibility.
Potbelly to expand into Jersey Mike's home turf for the first time
Chicago-based chain signs franchise deal to enter New Jersey
Potbelly Sandwich Works is looking to roll into New Jersey, the birthplace of Jersey Mike's Subs, for the first time.
Simon Property to redevelop three US malls to focus on luxury shoppers
Landlord REIT also completes $615 million refinancing of large Florida center
Retail landlord Simon Property Group is spending over $250 million to redevelop three malls to focus on luxury shoppers and has also completed a $615 million refinancing of a large...
Landlord Simon Property expects to hike rents at former Saks Off 5th stores
REIT writes off its $100 million investment in Saks Global but claims deal has upsides
Simon Property Group has found an upside in Saks Global's bankruptcy, saying it expects to collect significantly more in rent from tenants who will fill space in closed Saks Off 5t...
Here are the grocers that could take over Amazon Fresh’s soon-to-close space
Variety of chains are expanding at time of tight national vacancy
When a retail chain closes scores of stores across the United States, commercial real estate professionals at one time used to worry about filling that vacant space quickly. But no...
Outdoor apparel retailer Eddie Bauer starts closing down its stores
Chain is expected to seek bankruptcy protection for a third time
Another chain has joined the list of retailers shutting stores this year as outdoor apparel seller Eddie Bauer has begun holding liquidation sales throughout its brick-and-mortar l...
Adidas kicks off soccer-focused flagship at New Jersey’s American Dream
Megamall is adjacent to stadium that's hosting some 2026 World Cup matches
Adidas has opened a soccer-focused flagship store at the American Dream megamall in North Jersey in advance of the FIFA World Cup 2026 games that will be played at the stadium next...
Saks Global bankruptcy looms over North Jersey redevelopment project
Vacant Lord & Taylor store is integral part of plan
The repercussions of Saks Global filing for bankruptcy protection are reaching the local level in New Jersey, possibly imperiling a large mixed-use redevelopment project that inclu...
Saks Off 5th chain to essentially shut down with nearly 60 stores closing
Parent Saks Global slashes brick-and-mortar space in wake of bankruptcy
Saks Global is taking the most drastic move so far to reduce its property, with plans to close most of its Saks Off 5th stores — nearly 60 — and its handful of Last Call locations ...
New Jersey economic agency approves new CEO
Evan Weiss to lead state authority that awards commercial developers tax incentives
A new leader for the New Jersey state agency that doles out hundreds of millions of dollars in tax incentives to real estate developers is slated to start work right away in his ro...
Digital native Allbirds to close its full-price US stores
Lifestyle shoe retailer plans to refocus on e-commerce for profitability
Shoe retailer Allbirds is the latest digital-native company planning to close most of its stores after its foray into brick-and-mortar selling faltered.
Amazon makes another brick-and-mortar retreat
All Fresh grocery stores, Go locations to shut as Whole Foods to expand
E-commerce giant Amazon is pulling the plug on all its Amazon-branded grocery stores, closing about 70 locations and saying it hasn't found the "right economic model" for large-sca...
New Jersey’s Denholtz makes its first purchase in Indiana
Expanding firm acquires industrial portfolio in Indianapolis
New Jersey-based Denholtz is expanding its national footprint with the acquisition of an industrial portfolio in Indianapolis, marking its first purchase in Indiana.
Mall giant Simon seeks to scrap two Saks Global store leases
Landlord had given default notices about a week ahead of retailer’s Chapter 11 filing
Simon Property Group is asking a bankruptcy court to give it approval to terminate two leases that Saks Global has for stores in its shopping centers — despite the luxury retailer’...
US store openings are expected to see an uptick this year
Rise in retail debuts won’t be big, but closings will slow down, analysts say
Yet another mall-based specialty apparel retailer, Francesca's, is closing hundreds of stores. Saks Global — parent of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman — has f...
One of nation's biggest shopping malls to hit auction block
Debt-ridden Palisades Center in Rockland County, New York, lists for $463 million
One of the largest U.S. shopping malls is slated to go on the auction block next month after years of struggling financially, suffering amid the pandemic and losing two anchor stor...
Retailer Francesca’s to close hundreds of stores, liquidate its business
Women’s boutique plans going-out-of-business sales at locations in 45 states
Another U.S. retailer is expecting to close all its stores and liquidate its business.
Saks Global taps A&G, Great American Group to handle potential store closings
Firms are veterans in selling retail leases, managing liquidations
Luxury retail giant Saks Global has retained two advisory firms with experience handling store closings as part of its bankruptcy proceeding.
Fort Monmouth medical campus awarded New Jersey tax credits
Construction of $1.5 billion RWJBarnabas hospital project to start in March
RWJBarnabas Health has been awarded up to $400 million in New Jersey tax credits to build a $1.5 billion hospital on a new medical campus at Fort Monmouth.