Deals

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

Residential & Mixed Use
Essex County apartment buildings trade for $18 million, Kislak says

A real estate firm has sold two East Orange apartment buildings for a combined $18 million, in a set of transactions arranged by The Kislak Co. Inc.

Retail
Net-leased dollar store building in Atlantic County sold for $2.1 million

A developer has sold an 8,060-square-foot retail building in Pleasantville that is net-leased to a national dollar store chain, according to brokers with Marcus & Millichap.

Retail
Sports bar coming to TCNJ’s Campus Town, PRC Group says

A sports bar and restaurant chain is expanding from South Jersey and Philadelphia to become the newest addition at Campus Town, the privately built student housing and retail development at The College of New Jersey.

Retail
New tenants coming to Halsey Street in Newark, Pierson Commercial says

A fitness operator and a burger chain that is expanding into New Jersey will be among the newest tenants in downtown Newark, following leases brokered by Pierson Commercial.

Retail
Wawa building sold in Cape May County, Goldstein Group says

A grocery operator has acquired a former Wawa building in Cape May County and now plans to operate the property as a food market, according to brokers with The Goldstein Group.

Office
Secaucus office buildings fetch $21 million, CBRE says

A real estate investment firm has reaped $21 million from the sale of two office buildings in Secaucus, following a transaction brokered by CBRE Group Inc.

Retail
Pet products store leases 4,400 sq. ft. in Warren County, LMC says

A pet products retailer is among the newest tenants at a 61,000-square-foot shopping center in Warren County, according to Levin Management Corp.

Industrial
WCRE brokers 168,000 sq. ft. flex, industrial sale

An investor has acquired a six-building, 168,000-square-foot industrial and flex office in Moorestown, in a deal brokered by Wolf Commercial Real Estate.

Office
Weiss brokers 130,000 sq. ft. office, flex sale in Morris County

A partnership has sold a 130,180-square-foot office and flex building just outside Parsippany, in a deal brokered by Weiss Realty.

Industrial
REIT acquires 110,000 sq. ft. industrial building in South Jersey

A real estate investment trust has acquired a nearly 110,000-square-foot industrial building in Cherry Hill, marking its first acquisition in southern New Jersey.