Deals

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

Residential & Mixed Use
Developer sells new 108-unit rental property in Mount Holly for $34 million

Affiliates of Fernmoor Homes have sold a newly built, 108-unit multifamily property in Mount Holly for $33.6 million.

Industrial
Resource Realty: Turf products supplier inks 21,000 sq. ft. renewal in Fairfield

A supplier of turf products has renewed its lease for more than 21,000 square feet of warehouse space in Fairfield, in one of three new deals by Resource Realty of Northern New Jersey.

Industrial
Wharton plans modern industrial space in Cherry Hill after buying 43,000 sq. ft. call center

Wharton Industrial has acquired a nearly 43,000-square-foot facility in Cherry Hill that it now plans to update and reintroduce as a modernized warehouse space.

Industrial
IPRG: Specialty foods company sells Paterson cold storage complex for $3.9 million

A private investor has acquired a nearly 26,000-square-foot cold storage and warehouse complex in Paterson for $3.9 million, in a newly announced deal by IPRG.

Office
Sanzari leases 5,200 sq. ft. in Hasbrouck Heights for new Hornrock office space

Hornrock Properties has found new office space in Hasbrouck Heights after signing a lease at Alfred Sanzari Enterprises’ Heights Plaza property.

Industrial
Ridgecut Road acquires 2.5-acre industrial outdoor storage property in Union

Ridgecut Road has added to its industrial outdoor storage portfolio in New Jersey with a recent closing in Union Township, in a deal arranged by brokers with JLL.

Health Care & Education
Cresa: Regional Cancer Care Associates takes 10,000 sq. ft. to double footprint in Sparta

A major oncology practice is expanding with a new 10,000-square-foot lease in Sparta, brokers with Cresa’s New Jersey team announced recently.

Industrial
Woodmont, Sagard lease 104,000 sq. ft. to 3PL firm at new-look South Brunswick warehouse

A joint venture has landed a tenant for a newly renovated warehouse in South Brunswick, leasing more than 104,000 square feet to a third-party logistics firm.

Retail
Investor adds 8,400 sq. ft. Moorestown daycare center in $5.4 million deal, Marcus says

A daycare center in Moorestown sold for some $5.4 million, brokers with Marcus & Millichap announced Tuesday.

Retail
Yoga studio takes 3,300 sq. ft. in downtown Summit in deal arranged by Sheldon Gross

A yoga studio has leased a 3,300-square-foot retail space in downtown Summit, Sheldon Gross Realty brokers announced last week.