Deals

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

Finance & Capital Markets
Marcus inks $17 million loan for Linden multifamily, retail project

The developer of a 113-unit apartment building in Linden has secured more than $17 million in financing, in a newly announced deal by Marcus & Millichap Capital Corp.

Retail
Event planner, CBD shop sign leases at Sussex County commercial center

Two new tenants are coming to a renovated commercial center in Sussex County, following a set of leases arranged by The Boniakowski Commercial Real Estate Group.

Office
New tenant coming to Sanzari-owned campus in Teaneck, leasing 4,400 sq. ft.

Alfred Sanzari Enterprises has attracted a new office tenant to its Glenpointe campus in Teaneck, inking a lease for more than 4,400 square feet at the distinctive mixed-use property.

Office
Book publicist takes 3,300 sq. ft. at Cherry Hill office building, Vantage Commercial says

A publicity agency is relocating in Cherry Hill after signing a new lease for more than 3,000 square feet of office space, in a recent deal by Vantage Commercial.

Residential & Mixed Use
Journal Square apartment portfolio fetches $12 million, Marcus says

A longtime owner has sold two Jersey City multifamily properties for $12 million, in a newly announced transaction by Marcus & Millichap.

Office
East Windsor medical office portfolio sold for $20 million, Colliers says

A developer has sold a two-building, 80,000-square-foot medical office portfolio in Mercer County, in a newly announced transaction by Colliers International.

Office
Medical practice inks 2,900 sq. ft. lease in Cherry Hill

A medical user is taking nearly 2,900 square feet at a Cherry Hill office complex, under a deal arranged by Wolf Commercial Real Estate.

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.