Deals

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

Retail
Paramount Realty plans new Wawa project after buying Pennsville tract, Goldstein Group says

Paramount Realty has acquired a development site in Salem County that it now plans to develop as a Wawa convenience store and gas station, in a deal arranged by The Goldstein Group.

Office
CBRE: Health, wellness products maker inks 42,000 sq. ft. office lease in Pearl River

A maker of health and wellness products has taken more than 42,000 square feet at a well-known office building in New York’s Rockland County, in a newly announced lease by CBRE.

Retail
Veris-, Woodmont-led venture sells 50,000 sq. ft. Morristown retail asset to Winfield Properties

A joint venture led by Veris Residential Inc. and Woodmont Properties has sold nearly 50,000 square feet of retail space in downtown Morristown, brokers with JLL announced Friday.

Office
ABS Management, Aerotek ink 18,000 sq. ft. lease at Parsippany office campus, JLL says

ABS Management has secured a new tenant at a refreshed office building in Parsippany, inking a lease for more than 18,000 square feet with a publicly traded staffing company.

Residential & Mixed Use
Kislak brokers sale of 10-unit Point Pleasant rental property for $3.5 million

A buyer has paid $3.5 million for a 10-unit luxury apartment property in Point Pleasant, in a newly announced deal by The Kislak Co. Inc.

Deals
Quinas arranges sale of long-vacant retail property in Newark for $625,000

The site of a vacant 2,500-square-foot retail property in Newark has changed hands for $625,000, in a newly announced deal by The Quinas Cos. Inc.

Office
Mullica Hill property, former fitness studio, trades in deal by Vantage Commercial

A private entity has purchased a nearly 2,400-square-foot office building along a key corridor in Gloucester County, in a newly announced deal by Vantage Commercial.

Residential & Mixed Use
Cervelli: Six-unit rental building in Jersey City Heights sold for $1.1 million

A private investor has purchased a six-unit apartment building in Jersey City Heights for $1.1 million, in a deal arranged by Cervelli Real Estate & Property Management.

Industrial
Binswanger: Eagle Cliff adds to holdings with 305,000 sq. ft. Philadelphia industrial deal

Eagle Cliff Real Estate Partners has acquired a 305,000-square-foot distribution center in Northeast Philadelphia, brokers with Binswanger announced recently.

Residential & Mixed Use
Boutique apartment building in Jersey City’s Bergen-Lafayette trades for $391,000 per unit

An investor has acquired a new 16-unit luxury apartment building in Jersey City for $6.65 million, in a deal arranged by Redwood Realty Advisors.