Deals

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

Office
WCRE inks sale of 55,000 sq. ft. Marlton office building

A partnership has purchased a fully leased, 55,000-square-foot office building in Evesham, according to a brokerage team with Wolf Commercial Real Estate.

Residential & Mixed Use
Old Bridge multifamily properties trade for $25 million, Hudson Atlantic says

An investor has purchased a pair of multifamily properties in Old Bridge for nearly $25 million, in a newly announced deal by Hudson Atlantic Realty.

Retail
Newly built Paramus shopping center draws six tenants for 23,000 sq. ft., Goldstein Group says

Six new tenants have committed to a new Paramus shopping center, under a series of newly announced transactions by The Goldstein Group.

Health Care & Education
Marcus inks sale of net-leased early childhood education center in Clinton Twp.

An investor has purchased the site of a net-leased early childhood education center in Hunterdon County, in a newly announced transaction by Marcus & Millichap.

Retail
Five Guys location under new ownership, renegotiates lease at Route 22 shopping center

A Five Guys location at Watchung’s Blue Star Shopping Center is under new ownership and has renegotiated its lease, according to Levin Management Corp., the leasing and managing agent for the 420,000-square-foot property on Route 22.

Residential & Mixed Use
North Bergen condo building inks six contracts in February, developer says

A new upscale condominium tower in North Bergen is gaining momentum, securing six contracts last month for its collection of 70 homes along the Hudson River.

Industrial
Advance, Greek sign two leases totaling 491,000 sq. ft. at new Logan logistics park

A development team has preleased the latest phase of a 3.2 million-square-foot industrial park in Logan Township, where two logistics firms will occupy a combined 491,000 square feet.

Residential & Mixed Use
KABR adds 138-unit Bayonne rental property for $50 million

KABR Group has purchased a 138-unit luxury apartment building in Bayonne for nearly $50 million, in a deal arranged by brokers with JLL.

Industrial
Faropoint acquires 62,000 sq. ft. Meadowlands building for $17.7 million

Investment firm Faropoint has acquired a 62,000-square-foot industrial building in Moonachie, in a newly announced deal valued at nearly $18 million.

Retail
Fitness concepts combine for 3,800 sq. ft. in Shrewsbury, Katz & Associates says

Two new fitness tenants are coming to a Shrewsbury shopping center, under a set of newly completed transactions by Katz & Associates.