Deals

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

Retail
Madison retail property sells for $5.9 million, Marcus says

A buyer has paid nearly $6 million to acquire a roughly 10,000-square-foot retail property in Madison, under a sale arranged by Marcus & Millichap.

Industrial
Pharma tenant expands, takes 10,000 sq. ft. in Rahway, Zimmel says

A pharmaceutical manufacturer is tripling its footprint in Rahway, having inked a 10,000-square-foot expansion at a five-building industrial park.

Office
Cherry Hill office tenant signs 5,500 sq. ft. renewal

A tenant at a Cherry Hill office building has renewed its 5,500-square-foot lease, according to brokerage firm Rose Commercial Real Estate.

Industrial
North Bergen industrial asset fetches $9.6 million, Connors Agency says

An 80,000-square-foot industrial building in Hudson County has changed hands for nearly $10 million, under a newly completed transaction by the William F. Connors Agency.

Retail
Chicken wing chain inks lease for Camden County pad site

A chicken wing chain is adding a new build-to-suit location in Camden County, following a transaction arranged by brokers with Vantage Real Estate Services.

Retail
Woodland Park retail center changes hands, Colliers says

A special servicer has sold a 50,000-square-foot retail complex in Woodland Park, brokers with Colliers International announced Thursday.

Retail
Retail, office building in South Orange trades for $11.6 million, Kislak says

A mixed-use property in downtown South Orange has changed hands for $11.6 million, in a newly announced transaction by The Kislak Co.

Retail
Sheldon Gross inks sale of East Hanover strip center

An investor has purchased a nearly 27,000-square-foot strip mall in East Hanover, under a newly completed transaction by Sheldon Gross Realty.

Residential & Mixed Use
Joint venture acquires luxury rental building in Parsippany for $68 million

The developer of a two-year-old, 212-unit apartment building in Parsippany has sold the property, reportedly for nearly $70 million.

Retail
Burlington County retail center trades for $1 million, Marcus says

A private buyer has acquired a nearly 12,000-square-foot retail property in Burlington County, under a newly announced transaction by Marcus & Millichap.