Deals

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

Industrial
BRC inks sale of 8,000 sq. ft. Somerset industrial building

A local owner has sold an 8,000-square-foot industrial building in Franklin’s Somerset section, in a newly announced deal by Bussel Realty Corp.

Retail
New tenants lease nearly 13,000 sq. ft. at grocery-anchored center in Perth Amboy

Four new tenants are coming to a Perth Amboy shopping center after combining to lease nearly 13,000 square feet, in a series of deals arranged by The Goldstein Group.

Deals
Marcus inks $46 million sale of 310,000 sq. ft. retail, office portfolio in Ocean County

A real estate firm has acquired 10 retail and medical office properties in Ocean County for $46 million, expanding its footprint in the region by more than 300,000 square feet.

Office
Sanzari signs 6,400 sq. ft. renewal at Glenpointe with laser eye surgery practice

A laser eye surgery practice has renewed its nearly 6,500-square-foot lease at Alfred Sanzari Enterprises’ Glenpointe office campus in Teaneck, the landlord announced Thursday.

Deals
KenKap: Route 46 office, restaurant properties in Parsippany trade for $4.2 million

A local investor has purchased the site of an office building and an adjacent restaurant property in Parsippany for $4.2 million, in a transaction arranged by KenKap Realty Corp.

Residential & Mixed Use
Apartment owner sells 30-unit Bound Brook property for $4.9 million, Berkadia says

The longtime owner of a 30-unit garden apartment complex in Bound Brook has sold the property for nearly $5 million, in a recent deal by Berkadia’s New Jersey team.

Retail
Urban Edge, Ashley Furniture sign 24,000 sq. ft. lease at Union Twp. retail center

Urban Edge Properties has filled a vacant big-box retail space in Union Township, where it has leased more than 24,000 square feet to Ashley Furniture.

Retail
Jiu-jitsu school takes 3,000 sq. ft. in Teaneck, Cervelli says

A new martial arts school is coming to Teaneck after signing a 3,000-square-foot lease in the Bergen County township, according to brokers with Cervelli Real Estate.

Health Care & Education
Historic Newark church sold for $2.5 million, slated to become charter school

A charter school has purchased a historic church building and two adjoining structures in Newark for $2.5 million, in a deal arranged by Coldwell Banker Realty.

Industrial
Turnbridge, Long Wharf sell Newark logistics complex for $128 million

Turnbridge Equities and Long Wharf Capital have sold a three-building, 738,000-square-foot industrial complex in Newark for nearly $128 million, the firms announced Tuesday.