Deals

Keep up with all of the major leases, investment sales and financing activity in New Jersey.

Retail
LMC: D1 Training studio inks 4,500 sq. ft. lease at Bridgewater shopping center

A national fitness concept has taken 4,500 square feet at the Somerset Shopping Center in Bridgewater, in a newly announced deal by Levin Management Corp.

Retail
Café plans first location with new 2,200 sq. ft. lease in Ringwood, Azarian says

A new café is opening in Ringwood after leasing nearly 2,200 square feet at the Fieldstone Park Shopping Center, according to a leasing team with Azarian Realty Co.

Office
Accordia inks 76,000 sq. ft. in leasing activity at Elmwood Park, Fairfield office buildings

Accordia is touting a flurry of leasing activity at two office buildings in northern New Jersey, including a notable extension with a manufacturer of factory automation equipment.

Residential & Mixed Use
JLL: Landmark eyes ‘next generation’ of apartment assets with $35 million deal in Piscataway

Landmark Cos. has taken a key step toward modernizing its portfolio with its recent acquisition of a 110-unit luxury apartment property in Piscataway, brokers with JLL announced.

Industrial
BRC: Industrial users ink deals in Linden, Kearny as small-bay and IOS demand continues

A global freight forwarding and logistics firm has signed a 20,000-square-foot industrial lease in Linden, in one of several recent transactions by Bussel Realty Corp.

Residential & Mixed Use
P3 buys 147-unit Passaic rental property in $49 million deal with Birch Group, C&W says

P3 Properties has made a major acquisition in Passaic, adding a 147-unit multifamily property with further development potential in a deal arranged by Cushman & Wakefield.

Retail
CBRE: Hoboken retail property, would-be development site, trades for $8.2 million

A developer is eyeing plans for a new mixed-use project in Hoboken after acquiring a downtown retail property for more than $8 million, brokers with CBRE announced Monday.

Retail
Columbia Bank debuts in Rutherford with 2,300 sq. ft. lease arranged by Goldstein Group

Columbia Bank has opened a new branch in downtown Rutherford, where it occupies some 2,300 square feet that it secured with the help of The Goldstein Group.

Industrial
NAI Hanson brokers sale of 153,000 sq. ft. shallow-bay portfolio in Westchester County

An investment firm has purchased more than 153,000 square feet of shallow-bay industrial space in New York’s Westchester County, in a deal arranged by NAI James E. Hanson.

Industrial
Boniakowski: Construction, landscape equipment firm buys Hillsborough site for $3.2 million

A construction and landscape equipment company has purchased an 8,000-square-foot industrial building on six acres in Hillsborough, in a newly announced deal by The Boniakowski Commercial Real Estate Group.