Deals

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

Retail
Two new tenants lease space at 42,000 sq. ft. Bridgewater shopping center

Two retail tenants have combined to lease more than 2,100 square feet at a Bridgewater shopping center, under a set of deals arranged by NAI James E. Hanson.

Retail
CVS property in Bridgewater trades for $11 million, in deal with California-based buyer

CBRE has negotiated the sale of a 14,688-square-foot, single-tenant CVS property in Bridgewater to California-based Heritage San Leandro LP for $10.9 million.

Retail
Urban Edge retail center in Watchung fully leased after new 23,000 sq. ft. deal with Aldi

Urban Edge Properties has signed Aldi to a long-term commitment for more than 23,000 square feet at Greenbrook Commons in Watchung, completing the center’s lease-up.

Industrial
Cell tower repair business takes 6,200 sq. ft. in Hackensack

NAI James E. Hanson has negotiated a 6,200-square-foot lease for industrial space at 262 Hudson St. in Hackensack.

Industrial
Forsgate acquires 4.6-acre Meadowlands development site, NAI Hanson says

Forsgate Industrial Partners has acquired a former hotel property in Lyndhurst that figures to be a prime development parcel at the intersection of two major highways.

Retail
New 30,000 sq. ft. retail center in Butler trades for $24 million, Marcus & Millichap says

A private investor has purchased a newly built retail center in Morris County for nearly $24 million, in a transaction arranged by Marcus & Millichap.

Retail
Dave’s Hot Chicken coming to New Jersey with new lease in Wayne

A fast casual chicken brand has found its first New Jersey location after a franchisee’s newly completed lease in Wayne.

Retail
LMC: Mattress Warehouse takes 7,000 sq. ft. for first Middlesex County store

Mattress Warehouse has leased 7,000 square feet at a busy Route 1 shopping center in North Brunswick, under a newly announced deal by Levin Management Corp.

Retail
Buyer of Ridgewood property plans new retail, office space, Lee & Associates N.J. says

A family-owned real estate firm has acquired a 3,200-square-foot building in downtown Ridgewood, with plans to repurpose the site to create new retail and office space.

Residential & Mixed Use
Irvington: Two-building, 45-unit rental property sells for $6 million, Kislak says

A private investor has purchased a two-building, 45-unit apartment property in Irvington for $6 million, The Kislak Co. Inc. announced Monday.