Deals

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

Retail
AY: Philly-based City Fitness enters Hoboken, leasing 64,000 sq. ft. across two locations

A fitness and wellness brand has found its first two New Jersey locations with a set of newly completed leases in Hoboken, according to a brokerage team with Avison Young.

Industrial
Pool builder’s 4,800 sq. ft. lease among newest Morris County industrial deals by RRNNJ

Anthony & Sylvan Pools has taken 4,800 square feet of industrial space in Rockaway Borough, in a newly announced transaction by Resource Realty of Northern New Jersey.

Industrial
Devli Real Estate adds 37,000 sq. ft. industrial building in Leonia

Devli Real Estate has acquired a 37,000-square-foot industrial building in Leonia, expanding its presence in a supply-constrained submarket near the George Washington Bridge.

Retail
March Associates leases 2,000 sq. ft. in Wayne to boutique Pilates studio, RIPCO says

March Associates has welcomed a new tenant to a Wayne retail center, leasing 2,000 square feet to a specialty fitness brand under a deal arranged by RIPCO Real Estate.

Residential & Mixed Use
Kislak brokers $7.9 million sale of Pennsylvania tract slated for 420-unit senior housing project

A developer has acquired a nearly 67-acre parcel in Central Pennsylvania with plans in place to build 420 age-restricted homes, in a newly announced deal by The Kislak Co. Inc.

Retail
Deluccia: Longtime owner sells well-known STS property in Somerville for $1.6 million

A prominent commercial property along Route 202/206 in Somerville has traded for $1.6 million, according to a brokerage team with Deluccia Commercial Group.

Deals
Velocity, charter bus operator ink 48,000 sq. ft. deal at Lawrenceville industrial building

A charter bus company has secured 48,000 square feet of industrial space in Lawrence Township under a newly completed lease with Velocity Venture Partners.

Industrial
WCRE: Tenant becomes owner after buying 18,000 sq. ft. Moorestown industrial building

The tenant of an 18,000-square-foot industrial building in Moorestown has purchased the newly constructed property, in a deal arranged by Wolf Commercial Real Estate.

Retail
Five Star Swim School takes 5,600 sq. ft. at Oakland shopping center, RIPCO says

A new swim school is coming to a Bergen County shopping center, where it will occupy nearly 5,600 square feet under a lease secured by RIPCO Real Estate.

Industrial
NAI Hanson: Investor buys Dallas cold storage facility after selling North Jersey industrial site

The recent seller of a Fairfield industrial site has acquired a property in Texas as part of a now-completed 1031 like-kind exchange, according to brokers with NAI James E. Hanson.