Deals

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

Office
WCRE inks sale of 33,000 sq. ft. office building in Marlton

An office building in the Marlton section of Evesham is under new ownership, following a transaction arranged by Wolf Commercial Real Estate.

Office
Somerset Development inks renewal, expansion among newest leases at Bell Works

Somerset Development has secured a renewal and expansion with a communications testing firm, in the largest of four new leases at its flagship Bell Works complex in Holmdel.

Industrial
Importer buys 16,200 sq. ft. warehouse in Elizabeth, Team Resources says

An importing company has acquired a 16,200-square-foot industrial building in Elizabeth, under a newly announced transaction by Team Resources Inc.

Industrial
Marcus brokers sale of 45,000 sq. ft. flex industrial complex in Toms River

A private buyer has purchased a two-building, 45,000-square-foot flex industrial property in Toms River, brokers with Marcus & Millichap announced Wednesday.

Office
JLL: Data backup, restoration firm extends, expands to 60,000 sq. ft. in Englewood Cliffs

A data backup and restoration provider is doubling its footprint in Englewood Cliffs, where it’s set to occupy 60,000 square feet within a four-building office complex.

Retail
Net-leased retail property in Burlington fetches $1.3 million, Marcus says

A private investor has acquired a net-leased dollar store property in Burlington County for $1.3 million, under a newly announced transaction by Marcus & Millichap.

Industrial
Endurance, PCCP announce 58,000 sq. ft. industrial lease in Delran

A joint venture has inked a nearly 58,000-square-foot industrial lease in Burlington County, securing a full-building commitment from an area pet store operator.

Retail
Goldstein Group inks 19,000 sq. ft. strip center sale in Pompton Plains

An area landlord has sold a nearly 19,000-square-foot strip center in Pompton Plains, under a newly announced transaction by The Goldstein Group.

Retail
Marcus completes sale of net-leased retail property in Orlando

An investor has paid more than $4 million to purchase a net-leased Walgreens property in Orlando, in a transaction arranged by Marcus & Millichap’s New Jersey office.

Office
SJP, financial services firm ink 12,800 sq. ft. office lease in Metropark

SJP Properties has completed a new 12,800-square-foot lease at a Woodbridge office building, providing a home for the New Jersey operations of a global banking firm.