Deals

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

Finance & Capital Markets
Procida finances three retail centers for $5.86 million

Procida Funding has closed on three loans for nearly $6 million that will support retail centers in Morris, Essex and Hunterdon counties, the Englewood Cliffs-based lender said recently.

Industrial
Duke announces 264,085 sq. ft. lease in Cranbury with lighting company

A lighting manufacturer is expanding its Northeast distribution center footprint as part of a recently announced, 264,085-square-foot lease in Cranbury with Duke Realty.

Industrial
Retail, warehouse property in East Brunswick changes hands

An investment group has acquired a 41,500-square-foot retail and warehouse property in East Brunswick, in a deal announced Thursday by Sheldon Gross Realty.

Industrial
BRC brokers Avenel industrial sale for $800,000

A party rentals company has acquired a 10,125-square-foot industrial building in the Avenel section of Woodbridge, according to brokers with Bussel Realty Corp.

Office
Bergman, Gottesman acquire Roseland office building

A joint venture has acquired a Roseland office building from Mack Cali Realty Corp., with plans to invest more than $1.5 million to improve the 94,000-square-foot property.

Industrial
Industrial buyer plans upgrades at three South Jersey buildings

Investors have paid $8.5 million to acquire a three-building, 193,000-square-foot warehouse portfolio in the sprawling Pureland complex in Gloucester County.

Residential & Mixed Use
Marcus & Millichap: Red Bank property fetches $6.3 million

A private investor has sold a mixed-use, 23,000-square-foot property in Red Bank for more than $6 million, brokers with Marcus & Millichap announced Monday.

Industrial
Multitenant industrial complex sells in Springfield

Investors have acquired a multitenant, 207,000-square-foot industrial property in Springfield, brokers with Lee & Associates announced Friday.

Office
WCRE brokers 1,600 sq. ft. law firm lease in Moorestown

A law firm is set to occupy 1,600 square feet at a newly renovated office building in Moorestown, following a lease arranged by Wolf Commercial Real Estate.

Retail
Blow dry bar leases 1,600 sq. ft. in West Orange

A beauty chain is the newest tenant at a West Orange shopping center after signing a 1,600-square-foot lease at the property, Levin Management Corp. said Wednesday.