Deals

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

Retail
Leases by cannabis, ice cream shops among newest New Jersey deals by Zoltek

A new cannabis dispensary is coming to Hudson County after a lease in Jersey City’s Heights section, in one of several recent deals by Zoltek Commercial Real Estate Services.

Retail
Onyx-led team sells repositioned 190,000 sq. ft. shopping center in Hazlet for $44 million

An affiliate of Onyx Equities has sold a 190,000-square-foot shopping center in Hazlet for $44 million, nearly a decade after acquiring and embarking on a series of updates to the property.

Retail
RIPCO inks $2.3 million sale of Citizens branch in Hillside, lists another in New Providence

A private investor has purchased the site of a Citizens Bank branch in Hillside for more than $2.3 million, in a newly announced deal by RIPCO Real Estate.

Office
New leases, renewals at Pennington office building total 3,700 sq. ft., CPN says

The owner of a Pennington office building has signed two new leases and two renewals totaling nearly 3,700 square feet, in a series of deals arranged by Commercial Property Network Inc.

Residential & Mixed Use
C&W: Legacy owners sell 519-unit apartment portfolio in Bergen, Hudson for $94 million

A family ownership group has sold a 519-unit apartment portfolio in Bergen and Hudson counties for $94 million, in a deal arranged by Cushman & Wakefield.

Deals
Office, industrial leases in Central Jersey among latest deals by Boniakowski

A financial services firm has leased 1,600 square feet of office space in Branchburg, in one of three newly announced deals by The Boniakowski Commercial Real Estate Group.

Office
Signature: Deals with Lindabury, Regus among 184,000 sq. ft. in Q1 leasing activity

Signature Acquisitions has secured three new tenants at a New Providence office building, including law firm Lindabury, McCormick, Estabrook & Cooper PC, announcing the deals as part of 184,000 square feet of first-quarter leasing activity across its portfolio.

Industrial
NAI Mertz: Tenants lease 30,000 sq. ft. to bring Cherry Hill industrial park to full occupancy

Velocity Venture Partners has leased up a Cherry Hill industrial campus after four new deals totaling roughly 30,000 square feet, brokers with NAI Mertz announced this week.

Retail
LMC: E-tailer Williamspace Furniture takes 4,400 sq. ft. in Hamilton for first physical store

Ecommerce brand Williamspace Furniture is opening its first brick-and-mortar location with a new lease at a Hamilton shopping center, in a deal secured by Levin Management Corp.

Industrial
Prologis buys 1.1 million sq. ft. industrial portfolio at Exit 8A in reported $197 million deal

Prologis Inc. has added more than 1 million square feet in the region with its acquisition of two industrial properties in Monroe Township, in a deal arranged by Cushman & Wakefield.