The 230,000-square-foot office property at 25 Vreeland Road was acquired by ACG, according to Colliers International Group, Inc., which represented both the buyer and the seller in the transaction.

The investment firm, which is highly active in the opportunity zone space, has hired Michael Roman as SVP.

The new Starbucks prototype is a brand-new, 3,100-square-foot building with drive-thru.

While retailers continue to evolve in an effort to meet consumers' changing tastes and experiment with formats and offerings, the process for leasing a space penalizes innovation, says Maven's DeRose.