Deals

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

Retail
HFF brokers $21 million sale of Toms River shopping center

Investors have acquired a 120,349-square-foot community shopping center in Toms River, in a $21.1 million deal arranged by brokers with HFF.

Residential & Mixed Use
Developer, arts organization ink lease at new Montclair rental project

An arts organization will occupy the ground floor of a new apartment building in downtown Montclair, as its developer nears the completion of leasing at the 40-unit property.

Office
NAI Mertz: Cybersecurity firm leases 4,600 sq. ft. in Mount Laurel

A cybersecurity firm is set to open its first New Jersey office in Mount Laurel, following a 4,566-square-foot lease brokered by NAI Mertz.

Retail
Ocean County bank building sells for $1.57 million, Marcus & Millichap says

A private investor has sold a 3,000-square-foot bank building in Ocean County, according to brokers with Marcus & Millichap who orchestrated the deal.

Office
Colliers: Two tech firms ink leases in Fairfield

Two new tenants have committed at Highpoint Corporate Center in Fairfield, leasing a combined 21,500 square feet at the 162,000-square-foot office complex on Route 46.

Retail
Hampshire sells 88,000 sq. ft. retail center in Mount Laurel

The Hampshire Cos. has sold a grocery-anchored shopping center in Mount Laurel, capping off a plan to find a buyer after acquiring it in 2012 and bringing the complex to full occupancy.

Finance & Capital Markets
Procida closes $3 million bridge loan on Union County properties

Procida Funding & Advisors LLC has provided a $3 million bridge loan as part of a transaction secured by four light industrial properties totaling more than 27,000 square feet in Union County.

Office
Pagano Co. brokers lease with law firm in Glen Rock

A law firm is set to occupy 1,750 square feet at a Glen Rock office building, following a lease arranged by brokers with Pagano Co.

Industrial
Team Resources: Brooklyn firm expanding into Union County

A company that is expanding from Brooklyn will occupy 27,000 square feet at a Hillside industrial building, following a lease brokered by Team Resources Inc.

Office
Aerial photography firm opens new 10,000 sq. ft. space at Kearny Point

A firm that operates helicopter flights for photography has opened a new 10,000-square-foot storefront at Kearny Point, the sprawling former shipyard that is being repositioned as a modern campus for creative businesses.