Deals

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

Retail
Goldstein Group inks child care operator lease in Hamilton

An educational child care center has leased 8,500 square feet in a Hamilton retail complex, according to brokers with The Goldstein Group.

Industrial
Totowa flex complex trades for $65.5 million, C&W says

Mack-Cali Realty Corp. has sold a 13-building flex and industrial park in Totowa, in a $65.5 million deal brokered by Cushman & Wakefield.

Finance & Capital Markets
HFF brokers $9.3 million loan for Bridgewater apartment developer

Brokers with HFF have secured $9.3 million in financing for the developer of a recently completed and now fully leased apartment complex in Bridgewater.

Retail
LMC: New lease, ShopRite expansion bring Manasquan center to full occupancy

A shopping center in southern Monmouth County has reached full occupancy with the addition of a new salon and the expansion of the property’s anchor supermarket.

Retail
Food, service tenants among new retailers at Rowan University

Five new retail tenants are set to open at Rowan Boulevard, the $400 million development that has expanded Rowan University’s campus while helping to transform downtown Glassboro.

Industrial
Sitex acquires another Meadowlands warehouse, plans renovations

Sitex Group has purchased a 40,000-square-foot industrial building in Carlstadt, with plans to make several improvements as it markets the property for lease.

Office
NAI Hanson inks 16,500 sq. ft. sale-leaseback in Bergen County

A two-story office building in River Edge has changed hands after several years on the market, following a transaction brokered by NAI James E. Hanson.

Industrial
American Equity acquires 318,000 sq. ft. waterfront warehouse in Elizabeth

A real estate firm is planning major upgrades at an industrial building beneath the Goethals Bridge, following its acquisition of the 318,000-square-foot property in Elizabeth.

Industrial
Warehouse tenant extends at Hartz-owned building in Bayonne

A maker of fashion accessories has extended its 84,000-square-foot lease at a Bayonne industrial building, in a transaction brokered by Colliers International.

Office
Value-add investor acquires 107,000 sq. ft. Somerset office building

A real estate investment firm has paid nearly $6 million to acquire a 107,000-square-foot office building in Somerset County, where it now plans to spend another several million on upgrades.