Deals

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

Residential & Mixed Use
HFF: Edgewater marina site sold for residential development

A developer has acquired the site of a decades-old marina in Edgewater, where it now plans to build a new waterfront residential community.

Retail
Footwear seller joins tenant lineup at Morris County retail development

A shopping center that is under construction in Morris County has added a global shoe retailer to its roster, according to developer Key Properties LLC.

Office
Sanzari inks five renewals at Teaneck office buildings

Five office tenants have committed to staying in place at the mixed-use Glenpointe complex in Teaneck, according to property owner Alfred Sanzari Enterprises.

Retail
LMC: Growing fitness chain joins Watchung retail center

A program-based fitness operator has leased 3,000 square feet at a heavily trafficked shopping center along Route 22 in Watchung, according to Levin Management Corp.

Industrial
Stro Cos., logistics firm ink 34,000 sq. ft. lease in Lincoln Park

The Stro Cos. has leased 34,300 square feet in Lincoln Park to a logistics firm focused on so-called last-mile delivery services, the landlord announced Monday.

Office
Michigan financial firm leases space in Parsippany, NAI Hanson says

A mortgage banking firm has leased more than 3,000 square feet at a Parsippany office building, in a deal orchestrated by NAI James E. Hanson.

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.