Deals

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

Retail
New Jersey investor adds net-leased retail site in Virginia, Marcus says

A buyer has paid more than $3.2 million for a net-leased CVS property in Virginia, under a transaction arranged by Marcus & Millichap’s New Jersey office.

Retail
Vantage RES: Salon owner inks lease in Gloucester County downtown

A salon operator is set to open in Gloucester County after agreeing to lease space in a downtown district near Interstate 295, brokers with Vantage Real Estate Services said Friday.

Retail
Monmouth retail center that will house new ShopRite sells for $32 million

A buyer has paid $32 million to acquire a fully leased, soon-to-be-repositioned retail center in Monmouth County that will be home to a new ShopRite location.

Industrial
Union Township warehouse fetches $3.25 million, Boniakowski says

A nearly 21,000-square-foot industrial building in Union Township has changed hands for $3.25 million, in a transaction by The Boniakowski Commercial Real Estate Group.

Industrial
Larken inks new leases with Hillsborough dance studios, offering social distancing solutions

Larken Associates has signed two new leases at a flex and industrial campus in Hillsborough, providing new homes for two dance studios that were seeking to safely resume operations.

Retail
Growing smoothie, acai bowl chain adds 2,500 sq. ft. location in Holmdel

A national smoothie and acai bowl franchise has opened a new 2,500-square-foot location at a Holmdel shopping center, under a newly announced lease by Kraft Development II.

Office
Camden County office building sells for $400,000

An investment group has acquired a 5,400-square-foot commercial property in Camden County, under a newly completed transaction by Markeim Chalmers Inc.

Industrial
Philadelphia investment firm closes deals in Burlington, Camden counties

An investment firm has completed its acquisition of a five-building, 64,000-square-foot industrial park in Burlington County.

Office
Mortgage broker takes 760 sq. ft. in Parsippany, LPC says

A mortgage broker has leased 760 square feet at a Parsippany office complex, under a newly announced transaction by Lincoln Property Co.

Industrial
Black Creek Group acquires 172,000 sq. ft. industrial building in Robbinsville

An investment firm has added to its growing footprint in New Jersey with the purchase of a fully leased, 172,417-square-foot industrial building in Robbinsville.