Deals

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

Retail
REIT acquires Old Bridge site for new 355,000 sq. ft. retail center, Goldstein Group says

The Brunetti Organization has sold more than 30 acres along Route 9 in Old Bridge, where plans call for building a new 355,000-square-foot retail center anchored by ShopRite and Target.

Industrial
AY: Boston private equity firm completes 135,000 sq. ft. sale-leaseback in Parsippany

Boston-based Longpoint Realty Partners LP has completed a sale-leaseback in Parsippany, adding more than 135,000 square feet to its New Jersey portfolio.

Office
Somerset office building trades for $7.5 million, Marcus says

The longtime owner of a nearly 90,000-square-foot office building in Franklin Township has sold the property for $7.5 million, brokers with Marcus & Millichap said Monday.

Office
Lee & Associates New Jersey inks office sale, retail lease in Bergen County

A religious organization has purchased a 2,650-square-foot office building in Fair Lawn, in one of two newly announced deals by Lee & Associates New Jersey.

Residential & Mixed Use
Investors strike again in Edgewater, acquiring 226-unit apartment tower for $130 million

A joint venture has made its second major acquisition in Edgewater in less than five months, adding 226 luxury apartments in a newly completed, $130 million deal by JLL.

Retail
MSC Retail inks sale of 17,000 sq. ft. shopping center in Atlantic County

First National Realty Partners has sold a CVS-anchored shopping center in Atlantic County, under a newly announced transaction by MSC Retail Inc.

Retail
Playa Bowls franchisee signs lease, eyes new location in downtown Morristown

A franchisee for the fast-growing Playa Bowls chain has found a new location in downtown Morristown, in a transaction brokered by Kraft Development II.

Office
Benefits agency relocates, takes 2,000 sq. ft. in Cherry Hill, Vantage Commercial says

An employee benefits agency has leased 2,000 square feet for its new office in Cherry Hill, according to a broker with Vantage Commercial.

Deals
Hoboken church finds new home after buying shuttered movie theater for $13 million

A local church has purchased a 20,000-square-foot former movie theater building in uptown Hoboken, in a newly announced transaction by Katz & Associates.

Residential & Mixed Use
Caldwell building with 15 apartments, retail space fetches $3.5 million, Kislak says

An ownership team has sold a 15-unit multifamily property in Caldwell for nearly $3.5 million, in a newly completed deal by The Kislak Co. Inc.