Deals

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

Retail
Larken signs retail leases in Lawrenceville with Taekwondo studio, microbrewery

A martial arts studio and a microbrewery have taken space at a Mercer County retail center, bringing the nearly 27,000-square-foot property to full occupancy.

Health Care & Education
Senior housing, nursing facility in Hamilton sells for $98 million

The developer of a 195-unit senior housing, assisted living and memory care facility in Hamilton has sold the property for nearly $98 million, according to brokers with Cushman & Wakefield.

Residential & Mixed Use
Kislak inks sale of 55 units in Irvington, South Orange for combined $7.3 million

A private investor has purchased a 42-unit apartment building in Irvington for $4.1 million, in one of two newly announced deals by The Kislak Co. Inc.

Industrial
Zimmel: Investor buys 30,000 sq. ft. Monmouth flex building, development site

An investment group has purchased a 30,000-square-foot flex building in Aberdeen, with plans to build a new structure alongside it thanks to an approval secured by the seller.

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.