Deals

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

Residential & Mixed Use
Paramus tract slated for 40 townhomes after changing hands, NAI Hanson says

A developer has acquired four acres in Paramus with plans to build more than three dozen townhomes, brokers with NAI James E. Hanson announced Tuesday.

Retail
Investor buys 5,000 sq. ft. Totowa retail center for $2.2 million, Marcus says

A local investor has purchased a nearly 5,000-square-foot strip center in Totowa for more than $2.2 million, in a newly announced deal by Marcus & Millichap.

Retail
McDonald’s takes 4,500 sq. ft. for new store in Oakland, Goldstein Group says

A new McDonalds is coming to a key thoroughfare in Oakland after a 4,500-square-foot lease arranged by The Goldstein Group, the brokerage team announced Monday.

Office
CPN: Orthodontist signs new 1,100 sq. ft. deal in Pennington after buying existing practice

An orthodontist has signed a new lease at a Pennington office building after acquiring a practice long based at the property, in a deal arranged by Commercial Property Network Inc.

Office
NCJW/Essex Center takes 5,000 sq. ft. for new headquarters in Roseland, NAI Hanson says

A local nonprofit has moved its headquarters after leasing nearly 5,000 square feet of office space in Roseland, brokers with NAI James E. Hanson announced Wednesday.

Retail
Total Wine & More debuts 32,000 sq. ft. store at North Brunswick shopping center, LMC says

Total Wine & More has opened a new store in North Brunswick, where it occupies 32,000 square feet under a lease arranged by Levin Management Corp. and RIPCO Real Estate.

Retail
Former drive-in movie site in Wayne trades for $1.1 million, CBRE says

A private investor has purchased a 1.6-acre development site in Wayne for $1.1 million, in a newly announced deal by CBRE.

Office
Marcus: Investor buys historic commercial building in downtown Westfield for $5 million

A historic commercial property across from the Westfield train station has changed hands for $5 million, brokers with Marcus & Millichap announced Wednesday.

Residential & Mixed Use
Deluccia: Raritan Borough building with four apartments, restaurant trades for $1.2 million

An investor has purchased a mixed-use building in downtown Raritan Borough for $1.15 million, in a newly announced deal by Deluccia Commercial Group.

Office
Construction, marketing firms ink leases at West Orange office building, Sheldon Gross says

The owners of a West Orange office building have secured two new tenants with leases totaling nearly 4,500 square feet, in a set of transactions arranged by Sheldon Gross Realty.