Deals

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

Retail
Universal Lacrosse opens 3,200 sq. ft. shop at Larken’s Raritan Crossing property

A lacrosse shop has opened a new location in Raritan Borough, where it occupies more than 3,200 square feet under a lease with Larken Associates.

Office
WCRE: Private tenant takes 1,200 sq. ft. at Cherry Hill office building

The owner of a boutique office building in Cherry Hill has secured a new tenant for the property, according to a broker with Wolf Commercial Real Estate.

Industrial
Environmental services firm leases new 10,000 sq. ft. facility in Somerset, Sheldon Gross says

An environmental services firm has leased a newly built, 10,000-square-foot commercial property in Franklin Township, according to a brokerage team with Sheldon Gross Realty.

Health Care
Sanzari: Hackensack Meridian Health adds 8,100 sq. ft. at Hackensack medical arts building

Alfred Sanzari Enterprises has leased more than 8,100 square feet in Hackensack to a division of Hackensack Meridian Health, bringing a well-known medical office building to full occupancy.

Office
Vantage Commercial: Investor buys, inks new lease at Gloucester County office building

A private investor has acquired a more than 13,000-square-foot office building in Gloucester County, in a newly announced deal by Vantage Commercial.

Office
JLL: Blackrock signs early renewal, extends for 176,000 sq. ft. at Princeton office space

Blackrock has signed a major lease extension at a Princeton-area office building, where it will maintain a footprint of 176,000 square feet under the new deal with Argent Ventures.

Finance & Capital Markets
Brennan recapitalizes 1 million sq. ft. industrial portfolio in Moorestown

Brennan Investment Group has recapitalized a 20-building, 1 million-square-foot portfolio of shallow-bay industrial space in Moorestown.

Residential & Mixed Use
Kislak closes sale of Perth Amboy’s Remington Rooming House for $2.4 million

The Perth Amboy YMCA has acquired a mixed-use rooming house property in Perth Amboy for $2.4 million, in a newly announced deal by The Kislak Co. Inc.

Residential & Mixed Use
Invel Capital buys 111-unit Waldwick rental property for $39 million

Invel Capital has acquired a 111-unit multifamily property in Waldwick for $39 million, adding an asset that was built less than a decade ago and is steps from NJ Transit rail service.

Industrial
Logistics firm takes 150,000 sq. ft. at new warehouse in Lawrence Twp., Avison Young says

Alcamo Capital has landed a tenant for a newly developed warehouse in Lawrence Township, inking a lease for more than 150,000 square feet under a deal arranged by Avison Young.