Deals

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

Residential & Mixed Use
NAI DiLeo-Bram: Developer eyes luxury rental project after acquiring Cranford warehouse

A developer has acquired the site of a 28,000-square-foot warehouse in Cranford, where it’s now seeking approvals to build a 75-unit luxury apartment building.

Industrial
Route 22 retail property trades for $2.5 million, BRC says

A freestanding, 20,000-square-foot retail property in Somerset County has changed hands for $2.5 million, under a newly announced transaction by Bussel Realty Corp.

Industrial
Stro, beach bag maker ink 19,000 sq. ft. lease in Lodi

The Stro Cos. has signed a new 19,000-square-foot industrial and retail lease in Lodi with a maker of beach bags and accessories, the real estate firm announced Wednesday.

Deals
Piscataway: Boniakowski brokers sale of 10,000 sq. ft. flex building

An investor has acquired the site of a 10,000-square-foot flex building in Piscataway, according to brokers with The Boniakowski Commercial Real Estate Group.

Retail
Sanzari, physical therapy chain ink 4,200 sq. ft. lease in Hackensack

Alfred Sanzari Enterprises is set to welcome a growing physical therapy chain to a grocery-anchored shopping center in Hackensack, the commercial real estate firm announced.

Retail
LMC: Martial arts chain adds eighth location, takes 1,600 sq. ft. in Manasquan

A martial arts studio is coming to a Manasquan shopping center after agreeing to lease 1,600 square feet at the property, under a deal arranged by Levin Management Corp.

Retail
Larken leases 2,400 sq. ft. in Springfield to dental practice

A dental practice has leased 2,400 square feet of retail space in Springfield, in a newly announced transaction by Larken Associates.

Residential & Mixed Use
Marcus inks sale of Monmouth development site slated for 360 apartments

A developer has acquired a parcel in Monmouth County with the opportunity to build as many as 360 apartments on the site, in a newly announced transaction by Marcus & Millichap.

Office
Lee & Associates New Jersey relocates, expands Morris County office

Lee & Associates New Jersey has opened the doors to a new, larger office in Morris County, following its recent hiring of a seven-member team in the region.

Industrial
Camber sells Bridgewater industrial buildings, C&W says

A real estate investment firm has sold a two-building, 204,000-square-foot industrial portfolio in Bridgewater, in a newly announced transaction by Cushman & Wakefield.