Deals

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

Residential & Mixed Use
Jersey City parcel slated for apartments, townhomes after $6 million sale by CBRE

A developer has acquired a parcel in Jersey City’s waterfront Paulus Hook neighborhood for $5.9 million, in one of two newly announced deals by CBRE.

Retail
Urban Edge inks leases to bring First Watch, Shake Shack to Brick retail center

Urban Edge Properties is bringing new dining options to a Brick Township shopping center after signing leases with First Watch and Shake Shack.

Health Care & Education
Nonprofit takes 16,000 sq. ft. in Totowa for facility serving adults with special needs

A regional school district has leased nearly 16,000 square feet in Totowa for a facility that will serve adults with special needs, in a newly announced deal by The Goldstein Group.

Retail
Stir fry, salad chain honeygrow inks lease at new Old Bridge retail development

Fast-casual restaurant stir fry and salad chain honeygrow has signed a lease at a new development in Old Bridge, where it will join a host of other retail tenants and more than 1,000 homes under construction along Route 9.

Deals
NAI Mertz inks new lease in Pennsylvania for growing badminton, table tennis business

A badminton and table tennis club has leased space in Pennsylvania’s Bucks County, about 45 miles west of New Jersey, in a deal arranged by NAI Mertz.

Residential & Mixed Use
Sheldon Gross, Berkadia close $4 million sale of 21-unit South Orange rental building

The longtime owner of a 21-unit apartment building in South Orange has sold the property for $4.1 million, in a deal arranged by Sheldon Gross Realty and Berkadia.

Health Care & Education
Fennelly: East Windsor medical office building trades for $3 million

A private investor has purchased a single-tenant, 10,000-square-foot medical office building in East Windsor, brokers with Fennelly Associates announced Wednesday.

Industrial
Flemington business park is 55 percent preleased after newest deals, Larken says

Larken Associates has preleased more than 50 percent of a new four-building, 150,000-square-foot flex industrial park under construction in Flemington.

Industrial
Petrucci, FedEx sign 100,000 sq. ft. renewal for last-mile facility in Hamilton

FedEx has signed a lease renewal for its last-mile distribution facility in Hamilton, where it occupies 100,000 square feet under a deal with J.G. Petrucci Co. Inc.

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.