Deals

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

Retail
Longpoint inks 11,000 sq. ft. in new leases, renewals at Bedminster retail center, JLL says

An affiliate of Longpoint Realty has secured three new leases and two renewals in Bedminster, where brokers with JLL are spearheading plans to revamp a grocery-anchored retail property.

Hospitality & Tourism
TFE buys well-known boardwalk site in Ocean Grove, eyes new community pavilion

TFE Properties has acquired a vacant boardwalk property in Ocean Grove that it now hopes to revitalize with a new 40,000-square-foot pavilion and community destination.

Industrial
Sheldon Gross: PuroClean takes 5,500 sq. ft. at Garwood light industrial building

A property damage restoration service has leased 5,500 square feet of light industrial space in Garwood, according to a brokerage team with Sheldon Gross Realty.

Health Care
Larken, infusion center ink 3,200 sq. ft. lease at Parsippany office building

An infusion center has found a new location in Parsippany, joining the tenant roster at a nearly 55,000-square-foot professional and medical office building owned by Larken Associates.

Residential & Mixed Use
Investor buys 58-unit East Orange rental building for $8 million, ICON says

The longtime owner of a 58-unit apartment building in East Orange has sold it for nearly $8 million, in a newly announced deal by ICON Real Estate Advisors.

Retail
Wolf Fitness opens new 20,000 sq. ft. location in Sewell, Goldstein Group says

A gym franchise has expanded in Gloucester County as part of a recent 20,000-square-foot deal arranged by The Goldstein Group and Metro Commercial.

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.