Transform Underperforming Retail Properties Into High-Value Assets
NJRA owns a diverse portfolio of over 60 retail properties throughout Central and Northern New Jersey. We focus on value-oriented strip centers and shopping centers in both primary and secondary markets, places with stable populations and strong long-term growth potential.
With more than 20 years of experience, NJRA has successfully revitalized 100+ properties, converting underutilized retail real estate into active, income‑producing assets. Our value‑add model centers on acquiring distressed or undervalued retail properties and executing turn‑around strategies through:
Our Value Add Approach
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Strategic Leasing
Attract quality national and local tenants to fill vacant spaces and maximize property income potential.
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Property Modernization
Targeted renovations and upgrades that enhance appeal, functionality, and market value of retail spaces.
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Environmental Compliance
Understanding complicated environmental issues and remediation ensuring confidence we can close.
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Self-Management
Direct property oversight maintaining the highest operational standards and tenant satisfaction.
Our portfolio features collaborations with prominent national brands such as:
Where We Invest:
Central and Northern New Jersey, in high-traffic, well-located retail markets.
What We Acquire
Value-add opportunities through leasing, redevelopment, or repositioning
Neighborhood and community shopping centers and strip centers
Highway retail properties
Underperforming centers with upside potential
Properties with environmental contamination
Deal Size & Structure
$1M – $15M (will consider larger depending on location)
All-cash or debt-assumed purchases with quick, efficient closings
Off-market opportunities welcomed
Our focus is retail properties with strong demand drivers and long-term growth potential, aligned with NJRA’s expertise in improving and managing centers. Follow the link below to see what we’ve worked on.