Deals

Cervelli inks sale of nine-unit rental property in Weehawken

A local operator has sold a nine-unit apartment building in Weehawken, in a transaction announced Thursday by Cervelli Real Estate & Property Management.

Retail

C&W: Gym concept inks 15,000 sq. ft. lease in Morris County

A global fitness franchise has inked plans to open a new 15,000-square-foot location in Riverdale, where it is backfilling the anchor space at a Route 23 shopping center.

Industrial

Clothing wholesaler takes 26,000 sq. ft. in Moonachie, NAI Hanson says

A clothing wholesaler is relocating within Bergen County to a new warehouse and distribution center, under a newly completed lease by NAI James E. Hanson.

Industrial

BRC inks sale of four-acre development parcel in Carteret

A four-acre industrial development site in Carteret has changed hands, under a newly announced transaction by Bussel Realty Corp.

Residential & Mixed Use

South Jersey apartment portfolio trades for $24.5 million

The owner of a 326-unit multifamily portfolio in southern New Jersey has sold the property for $24.5 million, under a transaction announced Monday by The Kislak Co. Inc.

Retail

Big Lots expanding to 55,000 sq. ft. in Burlington County, Jeffery says

A discount retailer is nearly doubling its footprint at a Burlington County shopping center, in the largest of several newly announced deals by Jeffery Realty.

Health Care & Education

Atlantic County nursing home sold as part of three-building portfolio, Marcus says

A developer has sold three nursing home facilities in the region, including one in Atlantic County, under a set of transactions brokered by Marcus & Millichap.

Retail

WCRE: JP Morgan acquires redevelopment site, plans new branch in Marlton

JP Morgan Chase Bank is planning a new branch in Marlton, brokers said, following the lender’s acquisition of a former convenience store and gas station property on Route 70.