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.

Deals
Velocity, charter bus operator ink 48,000 sq. ft. deal at Lawrenceville industrial building

A charter bus company has secured 48,000 square feet of industrial space in Lawrence Township under a newly completed lease with Velocity Venture Partners.

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.