Deals

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

Retail
Piano shop sells 4,000 sq. ft. showroom property in Lawrenceville, Fennelly says

A freestanding showroom and retail property in Mercer County has found a second life after a newly completed deal by Fennelly Associates.

Industrial
Prologis adds 126,000 sq. ft. Teterboro industrial building, NAI Hanson says

Prologis Inc. has purchased a nearly 126,000-square-foot industrial building in Teterboro, adding to its vast holdings in Bergen County and northern New Jersey.

Retail
RIPCO: Paramount Realty buys 79,000 sq. ft. Toms River retail center for $8.75 million

Paramount Realty has added more than 79,000 square feet of retail space after acquiring a multitenant shopping center in Toms River, brokers with RIPCO Real Estate said.

Industrial
Sanzari inks 72,000 sq. ft. renewal in Norwood with therapeutic shoemaker

A shoe manufacturer has signed a nearly 72,000-square-foot lease renewal at a Norwood industrial building owned by Alfred Sanzari Enterprises, the real estate firm announced.

Retail
RIPCO: Retail tenants lease 4,200 sq. ft. at KABR-owned building in Englewood

The KABR Group has signed two new retail deals at a recently upgraded, 43,000-square-foot property in downtown Englewood, according to a leasing team with RIPCO Real Estate.

Industrial
3PL firm buys 37,000 sq. ft. Bergen County warehouse to support growth, BRC says

A third-party logistics firm has acquired a 37,000-square-foot industrial building in Northvale for $7.6 million, brokers with Bussel Realty Corp. announced Monday.

Retail
Vantage Commercial: Philly brunch spot expands to Cherry Hill with new lease

A brunch restaurant has found its first New Jersey location after signing a long-term lease in Cherry Hill, under a deal arranged by Vantage Commercial.

Retail
Newmark Associates closes sale of 2,100 sq. ft. Mendham commercial building

The site of a historic mixed-use building in Mendham’s business district has changed hands, in a newly announced deal by Newmark Associates CRE.

Residential & Mixed Use
Berkadia: Investor buys 33-unit Newark apartment building for $4.3 million

An investor has purchased a 33-unit apartment building in Newark for $4.3 million, in one of several recent deals by Berkadia’s New Jersey team.

Office
Video surveillance firm expands by 7,000 sq. ft. at Sanzari’s Glenpointe campus in Teaneck

A video surveillance company is expanding in Teaneck after leasing more than 7,000 square feet of additional office space from Alfred Sanzari Enterprises.