Deals

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

Residential & Mixed Use
Brooklyn buyer adds 73-unit Perth Amboy rental portfolio, Capital Realty says

An investor has purchased a seven-building, 73-unit multifamily portfolio in Perth Amboy for nearly $12 million, under a deal arranged by Capital Realty Associates.

Retail
Urban Edge grows food, wellness offerings with new leases at Bergen Town Center

Urban Edge Properties has announced several new tenants at its Bergen Town Center property in Paramus, including two that will be marking their first locations in New Jersey.

Retail
Starbucks, Koto Asian Bistro coming to The Shops at Pier Village, Kushner says

Kushner Cos. has made two more additions to its retail and dining lineup at Pier Village in Long Branch, inking leases with Starbucks and a Japanese sushi steakhouse.

Industrial
Woodmont Industrial adds preleased 212,000 sq. ft. warehouse in Palm Beach County

Woodmont Industrial Partners has expanded its portfolio outside New Jersey with the acquisition of a newly delivered, 212,000-square-foot warehouse in South Florida.

Industrial
NAI DiLeo-Bram signs 16,000 sq. ft. sublease at Union Twp. warehouse

A trucking company has subleased a 16,000-square-foot building in Union Township, under a newly announced transaction by NAI DiLeo-Bram & Co.

Retail
Owner of busy Millville shopping center draws Boot Barn with 14,000 sq. ft. lease

A growing footwear chain has leased more than 14,000 square feet in Millville, securing one of its two initial locations that it plans to open in New Jersey later this year.

Retail
Connecticut retail center fetches $58 million, in deal inked by Morristown-based JLL team

Investment manager TA Realty has purchased a Connecticut retail center for nearly $58 million, in a deal arranged by JLL’s Morristown-based capital markets group.

Residential & Mixed Use
Invesco completes $161 million purchase, recap of 360-unit Roseland apartment complex

Invesco Real Estate Investment Trust has completed its acquisition of a 360-unit garden apartment complex in Roseland for more than $160 million.

Office
Garibaldi: Northwestern Mutual relocating in Morris Co., takes 21,000 sq. ft. in Florham Park

Northwestern Mutual is on the move in Morris County after leasing more than 21,000 square feet of office space in Florham Park, brokers with The Garibaldi Group announced Tuesday.

Industrial
Velocity, Binswanger tout sale of 20,000 sq. ft. Cherry Hill industrial property

Velocity Venture Partners has sold a 20,000-square-foot industrial flex property in Cherry Hill, in a newly announced transaction by Binswanger.