Deals

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

Retail
Joint venture buys 38,000 sq. ft. Cinemark property at busy Route 22 intersection, JLL says

A joint venture has acquired the site of a nearly 38,000-square-foot movie theater on Route 22 in Watchung, in a newly announced deal by JLL.

Office
Dr. Reddy’s takes 53,000 sq. ft. at Princeton-area office building, C&W says

Dr. Reddy’s Laboratories has leased 53,000 square feet at a newly updated office complex outside Princeton, in one of two newly announced deals by Cushman & Wakefield.

Retail
Denholtz, beauty spa ink 2,000 sq. ft. lease to fill last retail space at The Rail at Red Bank

Denholtz Properties has filled the final retail space at a high-profile redevelopment project in Red Bank’s West Side neighborhood.

Industrial
KSR: Investment firm buys seven-acre Old Bridge industrial property for $7.6 million

Dalfen Industrial has added to its New Jersey portfolio with the acquisition of a nearly seven-acre parcel in Old Bridge, in a deal arranged by Kassin Sabbagh Realty.

Residential & Mixed Use
Boutique Jersey City apartment building trades for $412,000 per unit, KW says

A private investor has acquired an eight-unit apartment building in Jersey City for $3.3 million, in a transaction arranged by Keller Williams Realty Inc.

Office
Chilmark: Financial firm takes 9,600 sq. ft at Park Ridge office building

A new tenant is coming to a well-known office building in Park Ridge after leasing nearly 10,000 square feet at the property, brokers with Chilmark Real Estate Services announced.

Residential & Mixed Use
Seven-building, 184-unit apartment portfolio trades in Irvington, Kislak says

A private investor has purchased a seven-building, 184-unit apartment portfolio in Irvington, in a newly announced deal by The Kislak Co. Inc.

Retail
Katz: Themed children’s hair salon opens in Toms River

A new children’s salon has arrived in Ocean County after a 1,000-square-foot lease at a Toms River shopping center, according to a brokerage team with Katz & Associates.

Retail
Voorhees parcel slated to become car wash trades for $1.2 million, Rose Commercial says

A new car wash is coming to Voorhees after the sale of a nearly two-acre parcel on Route 73, in a newly announced deal by Rose Commercial Real Estate.

Retail
Growing hockey equipment chain opens in Kenilworth after backfilling 11,000 sq. ft.

A specialty hockey retailer has opened its doors in Kenilworth after leasing more than 11,000 square feet on Route 22, in a newly announced deal by The Goldstein Group.