Deals

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

Retail
CBRE: MetLife sells 103,000 sq. ft. grocery-anchored center in Philadelphia suburb

MetLife Investment Management has sold a more than 103,000-square-foot retail center outside Philadelphia, in a newly announced deal by CBRE.

Retail
LMC: Target takes 76,000 sq. ft. in Flemington with upgrades coming to key shopping center

Target is coming to Flemington after signing an anchor lease at a 239,000-square-foot shopping center on Route 202, in a newly announced deal by Levin Management Corp.

Retail
Progress Realty buys 385,000 sq. ft. Sam’s Club-anchored center near Buffalo for $43 million

Progress Realty Partners has acquired a 385,000-square-foot retail center outside Buffalo, New York, as it looks to build its portfolio in growing markets outside New Jersey.

Top News
Revlon takes 62,000 sq. ft. for R&D hub at Onyx-led NEST campus in Kenilworth

Revlon is heading to Onyx Equities’ Northeast Science and Technology Center in Kenilworth, where it will lease 62,000 square feet for its New Jersey-based research and development hub.

Office
Accordia buys Warren medical office campus for second time, eyeing major upgrades

Accordia has reacquired a medical office campus in Warren that it sold nearly a decade ago, with plans to complete a major update of the 57,000-square-foot property off Interstate 78.

Retail
Atlantic Coastal: ALBI Properties adds 20,000 sq. ft. Clifton retail property for $4.4 million

An investor has acquired nearly 20,000 square feet of highway retail space in Clifton for $4.4 million, in a deal arranged by Atlantic Coastal Real Estate LLC.

Health Care & Education
Veterinary group takes 5,300 sq. ft. at historic Montclair building, Sheldon Gross says

A veterinary practice has leased around 5,250 square feet within a former American Red Cross location in Montclair, brokers with Sheldon Gross Realty announced Tuesday.

Industrial
Altman JV acquires Hamilton tract slated for 171,000 sq. ft. warehouse

Development firm Altman has lined up its second New Jersey project in less than a month, acquiring a parcel in Hamilton that’s slated for nearly 171,000 square feet of new logistics space.

Office
Interstate Waste Services adds 30,000 sq. ft. in latest expansion at Sanzari’s Glenpointe campus

A waste collection and recycling firm has expanded by nearly 30,000 square feet at Alfred Sanzari Enterprises’ Glenpointe campus in Teaneck, the real estate company said Monday.

Industrial
Tire business takes 6,500 sq. ft. in Roselle industrial deal, BRC says

A tire shop has leased 6,500 square feet at an industrial site in Roselle, brokers with Bussel Realty Corp. announced Monday.