Deals

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

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.

Office
Edison office condo trades for $450,000, BRC says

A physician has sold a nearly 1,900-square-foot office condominium in Edison for $450,000, in a newly announced deal by Bussel Realty Corp.

Industrial
Denholtz inks 32,000 sq. ft. lease for first deal at new Texas industrial campus

Denholtz Properties has snagged its first tenant at more than 213,000 square feet of newly built logistics space in Texas, leasing nearly 32,000 square feet to OTC Industrial Technologies.

Retail
Better Homes and Gardens leases 1,400 sq. ft. at Ringwood retail center, Azarian says

Better Homes and Gardens Real Estate has taken more than 1,400 square feet at a Ringwood retail property, according to a brokerage team with Azarian Realty Co.