Deals

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

Retail
Pierson: Four new tenants join Mercer County development

Pierson Commercial has brokered leases for four new retailers at the mixed-use development known as Downtown Robbinsville, the retail real estate services firm said Monday.

Industrial
Snack maker is latest tenant to move to N.J. from NYC, Bussel says

A snack manufacturer is relocating to Edison from Brooklyn after acquiring a 35,316-square-foot industrial property in the township, Bussel Realty Corp. said Monday.

Retail
Monmouth County strip center sold for $9.2M

An investor has paid more than $9 million to acquire a Hazlet shopping center, part of a recent 1031 exchange transaction brokered by Marcus & Millichap.

Finance & Capital Markets
Wilcox secures $13.5M refi for Sussex County retail center

G.S. Wilcox & Co. has arranged the refinancing of a grocery-anchored, 140,000-square-foot shopping center in Sussex County for $13.5 million, the firm announced.

Office
Colliers: New deals boost occupancy at Route 46 office building

Colliers International Group has brokered a series of leases at a Fairfield office building, securing more than 35,000 square feet of commitments to raise occupancy by 22 percent.

Industrial
NAI Hanson brokers lease for stone maker in Essex County

A stone fabricator is relocating to a flex building in Fairfield, following a 33,000-square-foot deal brokered by NAI James E. Hanson.

Retail
Movie theater’s lease to continue after Madison building sale

A movie theater at a historic Madison building will continue to operate after the recent sale of the property to a development and investment firm, according to a broker involved with the sale.

Finance & Capital Markets
Wilcox closes $16M loan for Hartz acquisition

Hartz Mountain Industries has expanded its out-of-state portfolio, acquiring 12 industrial buildings in Atlanta with nearly $16 million in financing arranged by G.S. Wilcox & Co.

Residential & Mixed Use
Boutique Gold Coast apartment building fetches $3.1M, Marcus & Millichap says

An eight-unit apartment building in North Bergen has a new owner, Marcus & Millichap said Wednesday after brokering the sale of the newly built property.

Retail
Ripco: Italian specialty food chain expands into Morris County

A seller of homemade ravioli and specialty products has opened a new location in Florham Park, following a deal brokered by agents with Ripco Real Estate.