Deals

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

Retail
Lidl acquires shuttered Acme site in Bergen County, Ripco says

International supermarket chain Lidl has purchased a former Acme store in Bergenfield, providing the operator with an expansion opportunity in northern New Jersey.

Industrial
Stro touts lease-up of newly added warehouse in Elmwood Park

Three tenants have combined to lease 45,000 square feet at an industrial building in Elmwood Park, The Stro Cos. announced, bringing the recently acquired property to full occupancy.

Residential & Mixed Use
HFF: Joint venture sells 240-unit rental property in Lawrenceville

An investment group has acquired a 240-unit apartment community in Lawrenceville, in a transaction arranged by brokers with HFF.

Office
Pharma contractor takes 45,500 sq. ft. in Cranbury

A pharmaceutical supply services firms has leased more than 45,000 square feet of lab and research and development space in Cranbury, brokers with Cushman & Wakefield said Tuesday.

Residential & Mixed Use
Marcus: Montclair apartments trade for nearly $1.7 million

Two apartment buildings with a combined 12 units have changed hands in Montclair, following a transaction brokered by Marcus & Millichap.

Office
CBRE inks $34.25 million office sale in Secaucus

A joint venture has sold a 192,000-square-foot office building in Secaucus, in a $34.25 million sale arranged by brokers with CBRE.

Industrial
Building service firm relocates, leases 22,000 sq. ft. in Fairfield

A service contractor is moving its operations to a new 22,000-square-foot building in Fairfield, following a deal arranged by Charity Realty International.

Office
Montvale office building sells for $14 million

A development and investment firm has reaped $14 million from the sale of a newly upgraded, 94,000-square-foot office building in Montvale, brokers with JLL announced.

Retail
AutoZone ground lease in Irvington sells for $3.9 million, Marcus says

A developer has sold the ground lease for an 8,000-square-foot net-leased retail property in Irvington, in a nearly $4 million deal arranged by Marcus & Millichap.

Retail
Colliers: Investor buys 125,000 sq. ft. Robbinsville retail center

An out-of-state investor has acquired a 125,295-square-foot shopping center in Robbinsville, following a three-month marketing effort by Colliers International and Ten-X.