Deals

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

Retail
Burlington County retail center trades for $5 million, Marcus says

A private buyer has paid nearly $5 million for a retail center in the Burlington County township of Riverside, according to brokers with Marcus & Millichap.

Retail
Burrito chain inks five new leases among recent deals by Pierson Commercial

A fast casual chain serving burritos and other Mexican-style items is adding five new locations in and around New Jersey, in a series of recent transactions by Pierson Commercial.

Office
Partnership sells majority stake in 541,000 sq. ft. Parsippany office building

A joint venture has sold a majority interest in a Parsippany office building, following upgrades at the property that helped lure a pharmaceutical company’s U.S. headquarters in 2018.

Industrial
JLL inks sale of industrial-zoned parcel in Meadowlands

An undisclosed buyer has purchased a three-acre industrial parcel in Carlstadt, in a deal arranged by brokers with JLL.

Retail
Ulta Beauty taking 10,000 sq. ft. at Woodbridge retail center, LMC says

Ulta Beauty has signed a 10,000-square-foot lease to come to a Woodbridge shopping center, under a newly announced deal by Levin Management Corp.

Industrial
Sheldon Gross: Novartis subsidiary expands in Millburn, acquires 5,000 sq. ft. building

A life sciences company has expanded its footprint in Millburn with its purchase of a 5,000-square-foot commercial building, according to brokers with Sheldon Gross Realty.

Retail
Fitness, beauty tenants coming to Cherry Hill shopping center

Two new tenants are coming to a Cherry Hill shopping center, under a set of newly announced leases by Vantage Commercial.

Office
Accordia touts 25,000 sq. ft. lease with lab company among recent Elmwood Park deals

Accordia Realty Ventures has completed several recent deals at a pair of Elmwood Park office buildings, including a headquarters lease with a well-known health care company.

Retail
Pizzeria, ice cream shop join retailers at new mixed-use project in Washington Township

Two additional retail tenants are coming to a new mixed-use project that has transformed 35 acres in the South Jersey community of Washington Township.

Industrial
BRC reps buyer in deal for 44,000 sq. ft. industrial building in Piscataway

A business owner has acquired a nearly 45,000-square-foot industrial property in Piscataway for more than $5.5 million, in a newly announced transaction by Bussel Realty Corp.