Deals

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

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.

Office
Marcus inks $5.75 million sale of West Orange office building

A private investor has sold a nearly 35,000-square-foot office building in West Orange, under a newly announced sale by Marcus & Millichap.

Office
Brooklyn investor acquires Cherry Hill office park for $17.4 million, JLL says

A joint venture has sold a three-building office complex in Cherry Hill, under a $17.4 million transaction arranged by JLL.

Office
HFF: Investor acquires 119,000 sq. ft. office building in Montvale

A private equity firm has sold a 119,000-square-foot office building in Montvale, the home of a well-known travel company and other tenants.