Deals

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

Industrial
Mapletree plans 250,000 sq. ft. warehouse after buying fully approved Westampton parcel

Real estate firm Mapletree Investments has acquired nearly 23 acres in Burlington County where it plans to build a 250,000-square-foot logistics facility just off the New Jersey Turnpike.

Industrial
Dalfen, investors buy two-acre industrial outdoor storage parcel in Edison

An investment group led by Dalfen Industrial has acquired a nearly two-acre industrial outdoor storage property in Edison, brokers with CBRE announced Wednesday.

Retail
KidStrong takes 3,000 sq. ft. in Watchung as Blue Star upgrades continue, LMC says

Athletic play franchise KidStrong is headed to Watchung’s Blue Star Shopping Center, leasing 3,000 square feet as the property undergoes a multimillion-dollar upgrade.

Retail
Breakup of new Linden retail center continues with $7.4 million Wawa sale, SRS says

Cypress Equities and Stockbridge Capital Group have sold another piece of the new Legacy Square shopping center in Linden, reaping $7.4 million for the site of a Wawa ground lease.

Industrial
Resource Realty inks 312,000 sq. ft. lease at new Brookfield warehouse in Orange County

Brookfield Properties has leased up more than 312,000 square feet of new industrial space in New York’s Orange County, in a deal arranged by Resource Realty of Northern New Jersey.

Industrial
BRC touts flurry of out-of-state deals on behalf of New Jersey industrial clients

A cabinetry firm based in New Jersey has acquired a more than 89,000-square-foot industrial building in Las Vegas, in one of several new out-of-state deals by Bussel Realty Corp.

Retail
KPR acquires 227,000 sq. ft., Acme-anchored center in Voorhees for $42 million

New York-based KPR Centers has acquired a grocery-anchored retail property in Voorhees for $41.7 million, the firm announced Friday.

Health Care
North Jersey Physical Therapy takes 1,800 sq. ft. near Morristown, Sheldon Gross says

A physical therapy practice has leased nearly 1,800 square feet at a medical office building outside Morristown, in a transaction arranged by Sheldon Gross Realty.

Technology
NJIT to open 25,000 sq. ft. translational research center at NEST campus in Kenilworth

New Jersey Institute of Technology is planting a flag at the Northeast Science and Technology Center in Kenilworth, with plans to open a new research hub at the fast-growing campus.

Industrial
SL Industrial adds 165,000 sq. ft. industrial building to complete Randolph business park

SL Industrial Partners has acquired a 165,000-square-foot industrial property in Randolph, giving it full ownership of a six-building complex totaling more than 900,000 square feet.