Deals

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

Industrial
Wharton-led venture sells 1.3 million sq. ft. Pennsauken industrial portfolio for $195 million

Wharton Industrial and Walton Street Capital have sold a 1.3 million-square-foot industrial portfolio in Pennsauken for nearly $195 million, the firms announced Thursday.

Industrial
NAI Hanson: Construction firm expands from Queens, buys Hackensack industrial building

A construction firm has acquired a 2,600-square-foot industrial building in Hackensack as part of a plan to expand from Queens, in a newly announced deal by NAI James E. Hanson.

Industrial
New Metro Self Storage opens on Route 34 in Monmouth County

Metro Storage LLC has opened a new 558-unit facility in Monmouth County, as the operator expands its footprint in New Jersey to nearly a dozen locations.

Retail
Local business buys former dry cleaner site in Camden County, Vantage Commercial says

A local business owner has acquired a commercial building in Camden County’s Winslow Township, according to a broker with Vantage Commercial.

Retail
Developers sell ground lease for Walmart-occupied property in Linden, SRS says

A joint venture has sold a ground lease for the site of a four-year-old Walmart in Linden, in a newly announced deal by SRS Real Estate Partners.

Industrial
Linden industrial park fully leased after 58,000 sq. ft. deal by tire company, BRC says

A tire company has found a new facility in Linden after leasing more than 58,000 square feet at a seven-building industrial complex, brokers with Bussel Realty Corp. said Tuesday.

Retail
Larken inks 1,700 sq. ft. lease to bring yoga, fitness studio to mixed-use Hillsborough site

A yoga and fitness studio is coming to Larken Associates’ new mixed-use Hillsborough Village Center property along Route 206 in the township, the developer announced Tuesday.

Retail
Operator buys Route 17 restaurant site in Ramsey, Goldstein Group says

A restaurant group has purchased a nearly 15,000-square-foot property on Route 17 in Ramsey, in a newly announced deal by The Goldstein Group.

Industrial
Progress Realty, Commerce Park investors buy 143,000 sq. ft. Pennsylvania flex portfolio

Two New Jersey-based firms have partnered to acquire a 10-building, 143,000-square-foot industrial flex portfolio in Central Pennsylvania, in a deal valued at nearly $12 million.

Industrial
Logistics firm takes 158,000 sq. ft. in Edison, Edgewater deals arranged by NAI Mertz

A third-party logistics firm has signed two leases totaling nearly 158,000 square feet across industrial buildings in Middlesex and Bergen counties, in a set of deals arranged by NAI Mertz.