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NEPTUNE AND ALLENDALE, N.J. — Midland Park, N.J.-based The Azarian Group has acquired Neptune Plaza Shopping Center, a 220,000-square-foot retail property located in Neptune. Situated at 2200 Route 66, the shopping center is occupied by a tenant roster that includes Shop Rite, Marshalls, Home Goods, TD Bank, IHOP and Sally Beauty Supply. The acquisition price and the seller were undisclosed. In addition, The Azarian Group has commenced the renovation and expansion of Allendale Shopping Plaza, located in Allendale. Improvements include 5,000 square feet of new store space, a new parking lot, and exterior, signage and landscape improvements. The center is also being renamed Allendale Town Center. Completion is scheduled for this fall.