Deals

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

Retail
Monmouth County retail center trades for $4.5 million

An investor has sold a Monmouth County retail property for nearly $4.5 million, under a newly announced transaction by Marcus & Millichap.

Deals
Eatontown flex building fetches $11.6 million, Resource Realty says

An affiliate of Denholtz Properties has acquired a roughly 110,000-square-foot commercial building in Eatontown, in one of several newly announced deals by Resource Realty.

Retail
Flooring chain coming to ex-Kmart space in Toms River, takes 96,000 sq. ft.

A national flooring retailer has taken nearly 100,000 square feet at the site of a former Kmart store in Toms River, in a newly announced lease by Jeffery Realty.

Office
Mount Laurel flex park fetches $10.7 million, Colliers says

A private investor has acquired a five-building, 96,000-square-foot office and flex park in Mount Laurel for nearly $11 million, brokers with Colliers International announced Monday.

Industrial
BRC: Health products manufacturer subleasing 65,000 sq. ft. in South Brunswick

A maker of health and beauty products will occupy nearly 65,000 square feet of industrial space in South Brunswick, under a newly announced sublease by Bussel Realty Corp.

Industrial
Blackstone industrial arm adds two Linden properties, C&W says

Blackstone’s U.S. industrial real estate platform has expanded its New Jersey holdings, acquiring two fully leased Linden buildings with a combined 200,000 square feet.

Office
WCRE: Surgery center coming to 50,000 sq. ft. medical office complex in Voorhees

A surgical center has leased 10,000 square feet at a medical office complex in Voorhees, under a newly announced transaction by Wolf Commercial Real Estate.

Office
JLL: Auto finance firm taking 14,000 sq. ft. in Paramus

An automobile finance provider is relocating within Paramus after signing a 14,000-square-foot lease at a soon-to-be-upgraded office building, brokers with JLL announced.

Retail
Lee & Associates inks 1,500 sq. ft. restaurant lease in Midland Park

An Asian fusion restaurant is taking more than 1,500 square feet at a Midland Park strip center, under a newly announced transaction by Lee & Associates.

Office
Investment firm acquires 218,000 sq. ft. Cherry Hill office complex

An investment firm has acquired a nearly 220,000-square-foot office complex in Cherry Hill, its largest acquisition to date since the launch of the firm in 2016.