Deals

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

Residential & Mixed Use
Marcus: Investor acquires Ewing development site slated for 59 apartments

A private investor has purchased a multifamily development site in Mercer County, under a newly announced transaction by Marcus & Millichap.

Retail
LMC inks four renewals with Dollar Tree at New Jersey, Pennsylvania centers

Levin Management Corp. has completed four lease renewals with Dollar Tree, accounting for more than 40,000 square feet of activity in New Jersey and Pennsylvania.

Office
Sanzari taps JLL as leasing agent at Elmwood Park office building

Alfred Sanzari Enterprises has named JLL as its leasing agent at a four-story, 68,000-square-foot office building in Elmwood Park.

Industrial
Sitex adds industrial properties in Middlesex, Union counties

Sitex Group has expanded its New Jersey industrial portfolio with two acquisitions about 13 miles apart, including a vacant site and a 23,000-square-foot warehouse.

Government & Public Policy
FMERA: Developer buys Fort Monmouth bowling alley, plans modern entertainment venue

A local developer has acquired a former bowling center at Fort Monmouth and is now preparing to renovate and reopen the facility as a new entertainment venue, state officials said.

Deals
Montessori school takes 12,000 sq. ft. in Warren, Pierson Commercial says

A school operator has leased nearly 12,000 square feet at the former site of a daycare in Warren, under a newly announced transaction by Pierson Commercial.

Residential & Mixed Use
Investor acquires 200-unit loft portfolio in Trenton for $29 million

An investment and development firm has acquired a three-building, 200-unit collection of loft-style apartments in Trenton for nearly $30 million.

Office
CPN inks sale of 6,400 sq. ft. office, retail building in Pennington

An office and retail building in Mercer County has changed hands for $650,000, in a newly announced transaction by Commercial Property Network Inc.

Retail
Vegan restaurant opens 2,200 sq. ft. Princeton location

A vegan restaurant has opened its doors in downtown Princeton, following a transaction arranged by Mercer Oak Realty.

Residential & Mixed Use
JLL brokers $73 million sale of Connecticut rental property

A joint venture has sold a waterfront apartment building in Stamford, Connecticut, for $73 million, in a new transaction by JLL’s Morristown-based capital markets team.