Deals

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

Retail
Readington garden center sells Route 22 property for $3.2 million, Deluccia says

The owners of a well-known garden center in Readington have sold a nearby commercial property for $3.2 million, in a newly announced deal by Deluccia Commercial Group.

Industrial
Realterm lands tenant for 8.3-acre, 58-door truck terminal in Woodbridge, Blau & Berg says

Realterm has secured a long-term lease for the site of a 58-door truck terminal in Woodbridge, brokers with The Blau & Berg Co. announced Tuesday.

Residential & Mixed Use
Veerman: New 28-unit rental property in downtown Bound Brook sells for $9.2 million

A developer has sold a new 28-unit apartment building in downtown Bound Brook for $9.2 million, in a transaction arranged by Veerman Asset Management.

Industrial
Ridgecut Road expands IOS holdings with 8-acre site in South Plainfield

Ridgecut Road has acquired a nearly eight-acre industrial outdoor storage property in South Plainfield, in a deal arranged by NAI James E. Hanson.

Residential & Mixed Use
ICON closes $7.5 million sale of 58-unit Newark apartment building

An investor has sold a 58-unit apartment building in Newark’s Weequahic section for $7.5 million, brokers with ICON Real Estate Advisors announced Monday.

Retail
Azarian: Stretch Zone leases 1,500 sq. ft. to expand fitness lineup at Livingston Town Center

A new fitness user is coming to Livingston Town Center after taking more than 1,500 square feet at the two-story shopping center, according to a leasing team with Azarian Realty Co.

Food & Beverage
New owner seeks to revive shuttered brewery in Camden County, Vantage Commercial says

A shuttered brewery in Camden County is slated to reopen after changing hands in a sale arranged by Vantage Commercial, the real estate services firm announced last week.

Industrial
Eight-acre low-coverage industrial site in Somerville trades for $14.8 million, BCREG says

Private investors have acquired an eight-acre low-coverage industrial property in Somerville for nearly $14.8 million, in a deal arranged by The Boniakowski Commercial Real Estate Group.

Office
CPN: Longtime Pilates studio among several new tenants at new-look Hopewell office building

The owner of an updated commercial building in Hopewell has secured several new leases, in a series of transactions arranged by Commercial Property Network Inc.

Office
Triumvirate Realty sells updated 129,000 sq. ft. office building in West Orange for $17 million

Investors have sold a more than 129,000-square-foot office building in West Orange for $17 million, in a newly announced deal by Cushman & Wakefield.