Deals

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

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.

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.