Deals

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

Industrial
Velocity sells 48,000 sq. ft. Camden County industrial building for $4.2 million

Velocity Venture Partners has sold a Camden County industrial building for $4.2 million, in a deal that comes less than three years after it purchased the 48,000-square-foot facility.

Retail
MSC: Developer sells 10,000 sq. ft., net-leased daycare building in Cinnaminson

A developer has sold the site of a net-leased daycare facility along Route 130 in Burlington County, brokers with MSC Retail Inc. announced Thursday.

Deals
Investor flips Burlington County mobile home park, Vantage Commercial says

An investor has sold a mobile home park in the Burlington County township of Hainesport, in a newly announced deal by Vantage Commercial.

Industrial
Rockefeller Group sells new Burlington County warehouse for $83 million

Rockefeller Group has sold a newly built distribution center in Burlington County for $83 million, securing a buyer that will occupy the nearly 346,000-square-foot building.

Retail
Marcus: Investor buys 138,000 sq. ft., grocery-anchored center in Vineland for $19 million

An investor has sold a grocery-anchored shopping center in Vineland for $19.3 million, in a newly announced deal by Marcus & Millichap.

Industrial
Charity Realty: NJIT affiliate takes 19,000 sq. ft. for new Morris County lab facility

The New Jersey Institute of Technology has leased nearly 19,000 square feet in Roxbury to develop a new multipurpose lab space, in a deal arranged by Charity Realty International LLC.

Industrial
Pharma user expands at Hillsborough Business Center, Larken says

A life sciences firm has signed a 1,500-square-foot lease expansion at Larken Associates’ 550,000-square foot, 27-building Hillsborough Business Center off Route 206.

Retail
Convenience store takes 3,300 sq. ft. in Middlesex, Boniakowski says

A convenience store operator has leased a 3,250-square-foot, freestanding building in Middlesex Borough, in a deal arranged by The Boniakowski Commercial Real Estate Group.

Office
Birch Group, Hospital for Special Surgery ink 40,000 sq. ft. office lease in Paramus

The Birch Group has leased more than 40,000 square feet of office space in Paramus to the Hospital for Special Surgery, in one of five newly announced deals by Cushman & Wakefield.

Deals
NAI Hanson inks sale of parking lot, would-be development site in downtown Newark

A prospective developer has acquired a parking lot in Newark’s growing Lincoln Park neighborhood, in a recent deal by NAI James E. Hanson.