Deals

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

Retail
Vantage Commercial: Goodwill of South Jersey, Philly takes 20,000 sq. ft. in Toms River

Goodwill Industries of Southern New Jersey and Philadelphia has leased nearly 20,000 square feet for a new store in Toms River, in a deal arranged by Vantage Commercial.

Retail
Grocery-anchored center in Park Ridge sells for $17 million, Marcus says

A private investor has acquired a nearly 72,000-square-foot, grocery-anchored retail property in Park Ridge for $17 million, according to a brokerage team with Marcus & Millichap.

Education
Kislak: Site of 8,000 sq. ft. ex- Goddard School building in Jackson trades for $2.8 million

The former site of a preschool and daycare center in Jackson Township has changed hands for $2.8 million, in a newly announced deal by The Kislak Co. Inc.

Office
WCRE: Berlin office building sold in deal between BFP Properties, Badmacs Holdings

BFP Properties LLC has sold a 4,100-square-foot office building in the Camden County borough of Berlin, in a deal arranged by Wolf Commercial Real Estate.

Industrial
PNK Holdings buys fully approved parcel for 281,000 sq. ft. warehouse in Hammonton

A developer is planning nearly 281,000 square feet of new warehouse space after acquiring 25 acres in Atlantic County, brokers with Lee & Associates of Eastern Pennsylvania LLC said.

Industrial
Sagard Real Estate adds newly updated, 65,000 sq. ft. warehouse in South Brunswick

Sagard Real Estate has acquired a nearly 65,000-square-foot industrial building in South Brunswick, with plans to upgrade the property beyond a series of improvements completed just last year.

Retail
7 Brew Coffee eyes new store in Clark with lease at key intersection, Atlantic Coastal says

A coffee chain is expanding in central New Jersey after leasing a vacant bank property in Clark, in a deal arranged by Atlantic Coastal Real Estate and RIPCO Real Estate.

Residential & Mixed Use
Investor buys new 77-unit Somerset apartment building for $24 million, Hudson Atlantic says

A private investor has acquired a 77-unit luxury apartment building in the Somerset section of Franklin for more than $24 million, in a newly announced deal by Hudson Atlantic.

Industrial
Accordia expands to Charlotte with newly acquired, 36,000 sq. ft. light industrial building

Accordia has completed its first acquisition outside the Northeast with the addition of a nearly 36,000-square-foot, shallow-bay industrial building in Charlotte.

Health Care
Marcus: 24,000 sq. ft. medical, retail complex in Deptford trades for $5.4 million

Strategic Funding Alternatives LLC has sold a nearly 24,000-square-foot medical and retail property in Deptford Township for $5.375 million, in a deal arranged by Marcus & Millichap.