Deals

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

Retail
Marcus inks $3 million sale of net-leased auto parts store on Route 22

A private investor has purchased a net-leased auto parts store in Somerset County for more than $3 million, under a newly announced transaction by Marcus & Millichap.

Retail
Midtown Commercial: Lobster restaurant acquires Millburn location, eyes expansion

A seafood restaurant is expanding its footprint in northern New Jersey with the acquisition of a new location in Millburn, according to brokers with Midtown Commercial Realty.

Retail
LMC: Eye care business under new ownership, keeps 2,000 sq. ft. Bridgewater location

An optical retailer is maintaining its presence at a Bridgewater shopping center, under a newly completed lease by Levin Management Corp. and Cushman & Wakefield.

Retail
Water ice parlor signs new lease, expanding to Cherry Hill

A water ice and ice cream parlor has signed a lease for a new location in Cherry Hill, in a newly completed transaction by Vantage Commercial.

Industrial
Third-party logistics user leases 6,000 sq. ft. at Ballantine industrial complex in Newark

A logistics firm is taking 6,000 square feet at a sprawling industrial complex in Newark, in a lease arranged by brokers with NAI James E. Hanson.

Industrial
Meadowlands warehouse trades for $2.7 million, Equity Real Estate says

An industrial building in the Meadowlands has changed hands for nearly $2.7 million, following a transaction arranged by Equity Real Estate Brokerage.

Health Care & Education
Heart, vascular practice acquires Nutley medical office building

A physician is expanding its practice with the purchase of a 3,050-square-foot medical office building in Nutley, in a newly announced deal by Midtown Commercial Realty.

Office
Medical device firm takes 48,000 sq. ft. of life science, office space near Princeton

A medical device maker has leased some 48,000 square feet in Plainsboro, with plans to use the space for research and development, product assembly and its administrative offices.

Industrial
NAI Hanson: Auto parts company takes 28,000 sq. ft. in South Hackensack

An auto parts distributor has leased nearly 28,000 square feet of industrial space in South Hackensack, under a newly announced transaction by NAI James E. Hanson.

Office
Auctioneer relocating from New York, inks lease at Sanzari campus in Teaneck

An auctioneer is moving its headquarters from Manhattan to Teaneck, having leased more than 2,500 square feet at Alfred Sanzari Enterprises’ flagship Glenpointe campus.