Deals

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

Retail
Vantage Commercial: State Farm agent taking 1,400 sq. ft. in Camden County

A new State Farm Insurance location is coming to a Camden County shopping center, under a deal arranged by Vantage Commercial.

Office
Signature Acquisitions details lease with Party City at 209,000 sq. ft. Woodcliff Lake building

The owner of a Woodcliff Lake office building has detailed its new lease with Party City’s parent company, which will bring its headquarters to the property in 2022.

Retail
Hampshire-backed REIT adds grocery-anchored retail centers in Philadelphia, Richmond

A real estate investment trust with ties to The Hampshire Cos. has purchased retail centers in Pennsylvania and Virginia, marking its first deals after an initial public offering.

Industrial
Junk hauler buys Howell industrial site for $1.2 million, Sheldon Gross says

A junk removal company has paid $1.2 million for a roughly three-acre industrial property in Howell, in a newly announced transaction by Sheldon Gross Realty.

Office
Sanzari inks new lease, renewal at Hackensack office complex

Alfred Sanzari Enterprises has signed a lease with Star Hill Financial for 1,771 square feet and a lease renewal with Business Solution Providers for 1,050 square feet, both at Court Plaza in downtown Hackensack.

Residential & Mixed Use
Gebroe-Hammer inks $83 million sale of 542-unit Union County apartment portfolio

An apartment owner has sold a 17-building, 542-unit portfolio in Union County for nearly $83 million, under a deal arranged by Gebroe-Hammer Associates.

Retail
Investment firm buys ShopRite-anchored retail center in Millville

An investment firm has expanded its portfolio in the region with the purchase of a 393,000-square-foot, grocery-anchored shopping center along Route 47 in Millville.

Office
Developer moving from Brooklyn to Englewood Cliffs office building, NAI Hanson says

NAI James E. Hanson has negotiated a lease for 1,440 square feet of office space in Englewood Cliffs for Prime Equity Real Estate.

Industrial
BRC: Trucking firm takes 60,000 sq. ft. at Piscataway industrial building

A trucking company has signed a full-building lease for nearly 60,000 square feet of industrial space in Piscataway, under a newly announced deal by Bussel Realty Corp.

Retail
R.J. Brunelli inks retail property sales in East Brunswick, East Orange

A developer has acquired the 25,000-square-foot home of a Jersey Strong health club in East Brunswick, in one of two newly announced property sales by R.J. Brunelli & Co. LLC.