Deals

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

Residential & Mixed Use
Kislak brokers $7.9 million sale of Pennsylvania tract slated for 420-unit senior housing project

A developer has acquired a nearly 67-acre parcel in Central Pennsylvania with plans in place to build 420 age-restricted homes, in a newly announced deal by The Kislak Co. Inc.

Retail
Deluccia: Longtime owner sells well-known STS property in Somerville for $1.6 million

A prominent commercial property along Route 202/206 in Somerville has traded for $1.6 million, according to a brokerage team with Deluccia Commercial Group.

Industrial
WCRE: Tenant becomes owner after buying 18,000 sq. ft. Moorestown industrial building

The tenant of an 18,000-square-foot industrial building in Moorestown has purchased the newly constructed property, in a deal arranged by Wolf Commercial Real Estate.

Retail
Five Star Swim School takes 5,600 sq. ft. at Oakland shopping center, RIPCO says

A new swim school is coming to a Bergen County shopping center, where it will occupy nearly 5,600 square feet under a lease secured by RIPCO Real Estate.

Industrial
NAI Hanson: Investor buys Dallas cold storage facility after selling North Jersey industrial site

The recent seller of a Fairfield industrial site has acquired a property in Texas as part of a now-completed 1031 like-kind exchange, according to brokers with NAI James E. Hanson.

Retail
Wellness practice for active adults, families leases 3,700 sq. ft. in Livingston, CBRE says

A health care user has taken more than 3,700 square feet at a mixed-use commercial property in Livingston, in a newly announced deal by CBRE.

Retail
Saddle Brook power center now fully leased after deal with dental practice, RIPCO says

A dental practice has taken nearly 2,200 square feet at a busy highway shopping center in Saddle Brook, agents with RIPCO Real Estate announced Tuesday.

Residential & Mixed Use
Prewar 50-unit apartment building in East Orange sells for $9.35 million, Hudson Atlantic says

A private investor has purchased a 50-unit apartment building in East Orange for $9.35 million, in a deal arranged by Hudson Atlantic Realty.

Retail
Azarian: Pearle Vision leases 2,400 sq. ft. at Route 1 shopping center in Metuchen

A new Pearle Vision is opening in Metuchen after taking space at a highway commercial property, according to a brokerage team with Azarian Realty Co.

Retail
Electronics repair, cell phone retailer expands to Jersey City with new lease, Cervelli says

An electronics repair and cell phone business has leased 1,700 square feet of retail space in Jersey City, in a deal arranged by Cervelli Real Estate & Property Management.