Deals

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

Health Care
Marcus: 24,000 sq. ft. medical, retail complex in Deptford trades for $5.4 million

Strategic Funding Alternatives LLC has sold a nearly 24,000-square-foot medical and retail property in Deptford Township for $5.375 million, in a deal arranged by Marcus & Millichap.

Industrial
Investor adds 26,000 sq. ft. Piscataway industrial building in deal arranged by BRC

A regional investor has acquired a nearly 26,000-square-foot industrial building in Piscataway, according to a brokerage team with Bussel Realty Corp.

Residential & Mixed Use
Nine-building, 108-unit rental property in Vineland trades in $12 million deal, Kislak says

The longtime owner of a 108-unit multifamily complex in Vineland has sold the property for $12 million, in a newly announced deal by The Kislak Co. Inc.

Food & Beverage
EXP: Manchanda Group buys Journal Square White Castle property for $13 million

An investor has acquired the site of a White Castle in Jersey City’s resurgent Journal Square neighborhood, in a deal arranged by EXP Realty.

Deals
Zimmel: Denholtz sells 74,000 sq. ft. mixed-use portfolio in Clark commercial corridor

Denholtz Properties has sold a nearly 74,000-square-foot commercial portfolio in Clark for $18 million, in a newly announced deal by Zimmel Associates.

Deals
East Orange building with 5,000 sq. ft. office, workshop space sold in deal by KW Commercial

A commercial building that was the longtime home of a construction firm has changed hands in East Orange, in a newly announced deal by KW Commercial Realty.

Office
WCRE: Partnership sells 8,700 sq. ft. Cherry Hill office building

Investors have sold an 8,700-square-foot office building in Cherry Hill after having owned it for a decade, in a newly announced deal by Wolf Commercial Real Estate.

Retail
Staffing agency leases 1,400 sq. ft. at new Jersey City rental property, Cervelli says

A staffing agency has leased nearly 1,400 square feet at the base of a new boutique apartment building in Jersey City, brokers with Cervelli Real Estate & Property Management said.

Retail
Renovated 10,000 sq. ft. strip center in Bergen County fetches $4.3 million, Marcus says

A private investor has acquired a roughly 10,000-square-foot strip center in Bergen County for some $4.3 million, in a transaction arranged by Marcus & Millichap.

Industrial
Doughnut manufacturer eyes major expansion, leases 125,000 sq. ft. in Rockaway

A doughnut manufacturer is set to expand after leasing nearly 125,000 square feet for a new facility in Rockaway, according to a brokerage team with Savills.