Deals

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

Retail
Cannabis shop leases 1,000 sq. ft at new Somerset apartment building, BRC says

A recreational cannabis dispensary has taken 1,000 square feet at the base of a new apartment building in Franklin, brokers with Bussel Realty Corp. announced Monday.

Industrial
Hartz, event technology firm ink 46,000 sq. ft. industrial lease in Secaucus, Newmark says

A technology firm serving the global events industry has signed a new 46,000-square-foot industrial lease in Secaucus, in a newly announced deal by Newmark.

Residential & Mixed Use
Joint venture acquires 101-year-old Divine Riviera Hotel in Newark, in LRES-brokered deal

A local buyer has purchased a historic and culturally significant hotel in Newark’s Central Ward, in a newly announced deal by Logistics Real Estate Services.

Health Care & Education
Atkins, Denholtz acquire 490,000 sq. ft. health care campus in Westchester County

Atkins Cos. and Denholtz Properties have teamed to acquire a 490,000-square-foot health care and medical office campus in Westchester County.

Industrial
Data services firm renews 7,600 sq. ft. industrial lease in Branchburg, C&W says

A cloud services company has signed a renewal at a Branchburg industrial building, where it occupies more than 7,600 square feet.

Retail
Cervelli: Juice bar takes 1,100 sq. ft. at new Jersey City apartment building

The developer of a new apartment building in Jersey City has lured a juice bar to its ground-floor retail space, in a deal arranged by Cervelli Real Estate & Property Management.

Industrial
Investor buys 553,000 sq. ft. Parsippany industrial building, reportedly for $116 million

Brooklyn-based Madison Properties had added to its New Jersey portfolio with the purchase of more than 550,000 square feet of industrial space in Parsippany.

Office
Telecom business inks 7,000 sq. ft. office lease in Summit, in deal arranged by NAI Hanson

A telecommunications firm has taken 7,000 square feet of office space just off Route 24 in Summit, according to a broker with NAI James E. Hanson.

Retail
Safelite takes 4,800 sq. ft. on Route 37 in Toms River, Blau & Berg says

Windshield repair company Safelite has leased nearly 5,000 square feet of retail space in Toms River, in a newly announced deal by The Blau & Berg Co.

Deals
McBride: Longtime Hudson County embroidery factory sold, slated for redevelopment

The longtime home of an embroidery factory in Guttenberg has changed hands and is now slated to be redeveloped as multifamily housing, a broker with McBride Corporate Real Estate said.