Deals

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

Retail
Sun Equity sells 110,000 sq. ft. Route 22 shopping center, Marcus & Millichap says

The developer of a five-year-old shopping center in Union Township has sold the Route 22 property, under a deal arranged by Marcus & Millichap.

Office
Medical device maker takes 24,000 sq. ft. at Parsippany office campus, C&W says

A medical device maker has leased nearly 24,000 square feet at a Parsippany office campus, in the largest of four transactions announced Monday by Cushman & Wakefield.

Health Care & Education
Bell Works welcomes new two-story, 20,000 sq. ft. Fitness Factory location

A growing fitness chain has opened its doors at the Bell Works campus in Holmdel, bringing a new offering to the property for both tenants and the broader community.

Retail
Martial arts studio inks 1,900 sq. ft. lease at Denville retail center

A martial arts center has taken 1,900 square feet at a Denville shopping center, in a newly announced transaction by Lee & Associates New Jersey.

Industrial
Vacant 15,000 sq. ft. Clifton warehouse trades for $3 million, Newmark Associates says

The longtime owner of a 15,000-square-foot industrial building in Clifton has sold the property for $3 million, in a deal arranged by Newmark Associates CRE LLC.

Retail
Operator of Wildwood restaurant buys building, liquor license after successful first year

A restaurateur has purchased a Wildwood building and its liquor license just over a year after leasing the space to open his new Mediterranean eatery.

Residential & Mixed Use
Gebroe-Hammer: North Brunswick apartments fetch $64 million in first leg of 1031 exchange

The longtime owner of a 253-unit garden apartment complex in North Brunswick has sold the property for nearly $64 million, in a deal arranged by Gebroe-Hammer Associates.

Industrial
Newmark: Fitness equipment maker renews 32,000 sq. ft. lease at Randolph flex park

A fitness equipment maker has renewed its lease at a flex industrial campus in Randolph, where it occupies more than 32,000 square feet at a location just off Route 10.

Residential & Mixed Use
Investor buys value-add, 44-unit Newark rental portfolio for $5.3 million, Kislak says

A local apartment owner has sold a three-building, 44-unit portfolio in Newark for $5.3 million, brokers with The Kislak Co. Inc. announced Thursday.

Residential & Mixed Use
NYC café expands to new Jersey City high-rise built by KRE, Northwestern

An Australian-themed café has opened its first New Jersey location, taking space at the base of Kushner Real Estate Group’s newest luxury apartment tower in Jersey City.