Deals

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

Retail
Ex-Rite Aid building at key Somerville intersection trades for $2.6 million, Deluccia says

The site of a former Rite Aid in Somerville has changed hands for $2.6 million, in a newly announced deal by Deluccia Commercial Group.

Retail
Azarian: Allendale Town Center fully leased after upscale café takes 1,000 sq. ft.

A luxury café has leased more than 1,000 square feet at the grocery-anchored Allendale Town Center in Bergen County, in a newly announced deal by Azarian Realty Co.

Office
Bell Works touts strong first-half leasing activity across office, coworking spaces

A flurry of new leases and extensions at Bell Works in Holmdel has set the stage for what its owner says will be a strong second half for the distinctive 2 million-square-foot campus.

Deals
Automotive equipment firm buys 11,000 sq. ft. Middlesex facility, Boniakowski says

A supplier of automotive lift equipment has acquired an 11,000-square-foot building in Middlesex Borough, in a deal arranged by The Boniakowski Commercial Real Estate Group.

Industrial
Investor buys 6,300 sq. ft. Newark warehouse in all-cash deal, QCRE says

A local investor has purchased a nearly 6,300-square-foot industrial property in Newark for $1 million, in a newly announced deal by The Quinas Cos. Inc.

Residential & Mixed Use
Developer sells 36-unit Old Bridge rental property for $12 million, CBRE says

EOM Realty has sold a newly built 36-unit apartment building in Old Bridge for more than $12 million, brokers with CBRE announced Tuesday.

Retail
Goldstein Group: Rug dealer Wool & Loom takes 12,000 sq. ft. on Route 17 in Paramus

A luxury rug retailer has leased more than 12,000 square feet at a freestanding building in Paramus, according to a brokerage team with The Goldstein Group.

Education
Petrucci expands education portfolio with acquisition of North Bergen school building

J.G. Petrucci Co. Inc. has acquired a 34,000-square-foot school building in North Bergen as part of a push to expand its footprint in the education sector.

Office
Christie’s: Florida-based personal injury law firm leases 5,400 sq. ft. in River Edge

A personal injury law firm has taken more than 5,400 square feet at a River Edge office building, in a newly announced deal by Christie’s Commercial Real Estate.

Office
Lincoln Equities Group inks five new leases for 16,000 sq. ft. at Princeton Forrestal Village

Lincoln Equities Group has secured five new tenants at Princeton Forrestal Village after nearly 16,000 square feet in recent leasing activity at the mixed-use campus in Plainsboro.