Deals

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

Retail
LMC: Specialty pet bakery opens 2,500 sq. ft. store in Bridgewater

A specialty pet shop has opened the doors to a new 2,500-square-foot store in Bridgewater, offering a selection of baked goods and other items for dogs.

Office
Aspen, Devli acquire Monmouth office building from Mack-Cali for $26 million

A joint venture has acquired a Monmouth County office building from Mack-Cali Realty Corp., with plans to launch a series of upgrades at the nearly 190,000-square-foot complex.

Office
WCRE: Engineering firm takes 2,400 sq. ft. in Cherry Hill for its first New Jersey office

An engineering firm is expanding into New Jersey with the completion of a nearly 2,400-square-foot lease in Cherry Hill, under a newly announced transaction by Wolf Commercial Real Estate.

Residential & Mixed Use
JLL inks 504-unit apartment sale in Rockland County

A joint venture has sold a 504-unit apartment complex about five miles north of the Bergen County border, in a transaction arranged by JLL’s Morristown-based capital markets team.

Industrial
Wig distributor takes 69,000 sq. ft. at newly delivered Meadowlands building

Duke Realty Corp. has brought a newly built, 194,000-square-foot industrial building in the Meadowlands to full occupancy after inking a lease with a wig manufacturer and distributor.

Retail
Pierson inks new North Jersey locations for restaurant, education tenants

A pair of New Jersey-based restaurant chains are expanding their fast-growing footprints in the state, under a series of newly announced transactions by Pierson Commercial.

Industrial
CenterPoint acquires 315,000 sq. ft. last-mile delivery hub in Jersey City

CenterPoint Properties has acquired a three-year-old, 315,389-square-foot industrial building in Jersey City, the latest addition to its fast-growing New Jersey portfolio.

Industrial
CBRE: Peloton opens 156,000 sq. ft. warehouse, fulfillment center in Carteret

At-home fitness company Peloton Interactive has opened a new warehouse and fulfillment center in Carteret, where it has leased 156,000 square feet as part of a deal arranged by CBRE.

Industrial
Moving company takes 12,000 sq. ft. at sprawling Newark industrial complex

A commercial moving company is taking nearly 12,000 square feet at a newly renovated industrial complex in Newark, in a recent transaction by NAI James E. Hanson.

Residential & Mixed Use
East Orange apartment building fetches $11.6 million, Gebroe-Hammer says

A private investor has acquired a 76-unit apartment building in East Orange for nearly $12 million, under a newly announced transaction by Gebroe-Hammer Associates.