Deals

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

Retail
Walgreens in West Milford trades for $10.6 million

A private investor has paid more than $10.6 million for a triple-net-leased Walgreens property in West Milford, according to brokers with Marcus & Millichap who arranged the deal.

Retail
Somerset County retail center sells for $3.1 million, Marcus & Millichap says

A developer has sold an 8,400-square-foot retail center in Bound Brook for more than $3 million, in a deal brokered by Marcus & Millichap’s New Jersey office.

Industrial
Newmark: Clifton industrial building fetches $6.6 million

Newmark Associates has brokered the $6.6 million sale of a 10,000-square-foot industrial complex at the junction of routes 3 and 21 in Clifton, the firm said Monday.

Retail
Flooring business opens at ex-Sports Authority site in Paramus

A former Sports Authority building in Paramus has found new life as a location for a flooring and tile seller that is expanding in New Jersey, The Goldstein Group said Monday.

Retail
Burger chain coming to mixed-use Bloomfield project

A fast casual burger chain is set to anchor the ground-floor retail space at a recently built, luxury apartment building in downtown Bloomfield, following a deal brokered by Ripco Real Estate.

Industrial
Burlington warehouse sold for $2.7 million, Colliers says

A firm that is relocating from New York has acquired a 40,500-square-foot industrial building in Burlington, in a deal brokered by Colliers International.

Health Care & Education
WCRE: 28,000 sq. ft. school complex in South Jersey has new owner

Wolf Commercial Real Estate has brokered the sale of a 28,000-square-foot educational complex in Burlington County, the firm announced.

Office
NAI Hanson: Buyer of Maplewood property plans conversion to medical space

A real estate firm has acquired an 11,500-square-foot office building in Maplewood that it now plans to repurpose as a headquarters medical facility, according to brokers involved in the deal.

Retail
LMC: Sushi chain marks third location with Bayonne lease

A Bayonne retail property is now fully occupied after signing a lease with a Hudson County-based sushi chain, according to Levin Management Corp.

Office
Law firm inks 5,000 sq. ft. office lease in Marlton, WCRE says

A boutique law firm has leased about 5,000 square feet at a Marlton office building along Route 73, in a deal brokered by Wolf Commercial Real Estate.