Deals

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

Industrial
New York investment firm adds Sparta self-storage complex

An investment firm has purchased a 58,000-square-foot self-storage facility in Sparta, marking its second recent acquisition in New Jersey.

Office
LPC: Mortgage lender renews 2,900 sq. ft. lease in Basking Ridge

A mortgage lender has extended its lease at a two-building office complex in Basking Ridge, where it occupies nearly 3,000 square feet.

Industrial
Developer sells 1.2 million sq. ft. industrial portfolio in Pennsauken, Colliers says

The original developer of two large industrial parks in Camden County has sold the 32-building, 1.2 million-square-foot portfolio, in a newly completed transaction by Colliers International.

Industrial
Fulfillment vendor leases 67,000 sq. ft. in Parsippany

A fulfillment vendor for Amazon is taking nearly 70,000 square feet at a warehouse and distribution facility in Parsippany, according to Resource Realty of Northern New Jersey.

Health Care & Education
CBRE: Orthopedic, dental practices take 16,000 sq. ft. at Woodbridge complex

The developer of a new retail and medical complex in Woodbridge has filled nearly 16,000 square feet after inking new leases with an orthopedic practice and a dental group.

Retail
LMC touts 165,000 sq. ft. in leases, renewals during COVID emergency

Burlington Stores has leased 47,000 square feet at a Secaucus shopping center, in the largest of several newly announced transactions by Levin Management Corp.

Retail
Church acquires site of former ski, outdoor sports shop in Cherry Hill

A congregation has acquired the longtime home of an outdoor sports business in Cherry Hill, in a newly completed transaction by Wolf Commercial Real Estate.

Retail
Marcus inks $1.6 million sale of net-leased mattress store property

A private seller has reaped $1.6 million from the sale of a retail property on Long Island, in a transaction by Marcus & Millichap’s New Jersey office.

Retail
Larken, law firm ink 2,700 sq. ft. lease in Raritan Borough

Larken Associates is welcoming a new tenant to a Somerset County shopping center, having signed a 2,700-square-foot lease with a personal injury law firm.

Industrial
J.G. Petrucci sells 188,000 sq. ft. industrial building in Somerset County

J.G. Petrucci Co. Inc. has completed the sale of a built-to-suit, 187,500-square-foot industrial building in Branchburg to a hospitality and food-service products company.