Deals

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

Industrial
IPRG: Specialty foods company sells Paterson cold storage complex for $3.9 million

A private investor has acquired a nearly 26,000-square-foot cold storage and warehouse complex in Paterson for $3.9 million, in a newly announced deal by IPRG.

Office
Sanzari leases 5,200 sq. ft. in Hasbrouck Heights for new Hornrock office space

Hornrock Properties has found new office space in Hasbrouck Heights after signing a lease at Alfred Sanzari Enterprises’ Heights Plaza property.

Industrial
Ridgecut Road acquires 2.5-acre industrial outdoor storage property in Union

Ridgecut Road has added to its industrial outdoor storage portfolio in New Jersey with a recent closing in Union Township, in a deal arranged by brokers with JLL.

Health Care & Education
Cresa: Regional Cancer Care Associates takes 10,000 sq. ft. to double footprint in Sparta

A major oncology practice is expanding with a new 10,000-square-foot lease in Sparta, brokers with Cresa’s New Jersey team announced recently.

Industrial
Woodmont, Sagard lease 104,000 sq. ft. to 3PL firm at new-look South Brunswick warehouse

A joint venture has landed a tenant for a newly renovated warehouse in South Brunswick, leasing more than 104,000 square feet to a third-party logistics firm.

Retail
Investor adds 8,400 sq. ft. Moorestown daycare center in $5.4 million deal, Marcus says

A daycare center in Moorestown sold for some $5.4 million, brokers with Marcus & Millichap announced Tuesday.

Retail
Yoga studio takes 3,300 sq. ft. in downtown Summit in deal arranged by Sheldon Gross

A yoga studio has leased a 3,300-square-foot retail space in downtown Summit, Sheldon Gross Realty brokers announced last week.

Industrial
Trucking firm expands to 159,000 sq. ft. at Seagis-owned warehouse in Metuchen, BRC says

A trucking company has expanded to nearly 159,000 square feet at an industrial property in Metuchen, Bussel Realty Corp. announced in a news release Monday.

Office
Marcus: Longtime owners sell 27,000 sq. ft. Atlantic County office complex for $3.1 million

A private investor has acquired a multitenant office complex in Egg Harbor Township for just over $3 million, Marcus & Millichap announced Monday.

Retail
Goldstein Group: McDonald’s leases 4,500 sq. ft. in Somerset to revive restaurant pad site

McDonald’s has found a new home in the Somerset section of Franklin after leasing a site that once housed a rival chain, brokers with The Goldstein Group announced Monday.