Deals

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

Residential & Mixed Use
New 45-unit rental building in Journal Square trades for $18 million, Marcus says

A developer has acquired a newly built, 45-unit apartment building in Jersey City’s Journal Square section for $17.7 million, in a deal arranged by Marcus & Millichap.

Health Care & Education
Pain management practice takes 7,000 sq. ft. in Voorhees, Rose Commercial says

A pain management practice has found a new home after leasing 7,000 square feet of office space in Voorhees, brokers with Rose Commercial Real Estate announced.

Retail
Bergman, Capstone acquire 88,000 sq. ft. Cherry Hill retail center for $16.1 million

Bergman Real Estate Group and Capstone Realty Group USA have acquired a nearly 88,000-square-foot retail property in Cherry Hill for $16.1 million, the firms announced.

Office
Silverman Group sells 18,000 sq. ft. medical office building in Florham Park, C&W says

The Silverman Group has shed another Morris County office building with its sale of an 18,000-square-foot property in Florham Park, in a deal arranged by Cushman & Wakefield.

Industrial
BRC: Utility contractor takes 4,700 sq. ft. at Middlesex industrial building

A utility line contractor has leased nearly 5,000 square feet of industrial space in Middlesex Borough, in a newly announced deal by Bussel Realty Corp.

Industrial
Clarion sells 203,000 sq. ft. Monroe industrial building for $54 million

Clarion Partners has sold a 203,000-square-foot industrial building in Monroe for nearly $54 million, in a newly announced deal by CBRE.

Office
JLL: Town & Country Living leases 30,000 sq. ft. at rebranded office building in Glen Rock

Home décor company Town & Country Living has taken 30,000 square feet at a newly renovated office building in Bergen County, according to a leasing team with JLL.

Retail
Dunkin’ opens new 1,700 sq. ft. store in Edison after deal arranged by Goldstein Group

Dunkin’ has opened at a busy shopping center in Edison after recently leasing nearly 1,700 square feet at the property, brokers with The Goldstein Group announced Monday.

Office
CPN: Business valuation firm takes 1,400 sq. ft. at Mercer County office building

A business valuation firm has leased more than 1,400 square feet at a Mercer County office building, in a deal arranged by Commercial Property Network Inc.

Retail
Azarian: Philly Pretzel Factory takes final space at grocery-anchored center in Allendale

A grocery-anchored shopping center in downtown Allendale is fully occupied after a recent commitment by Philly Pretzel Factory, according to a leasing team with Azarian Realty Co.