Deals

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

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.

Retail
Jersey Shore retail, apartment property sells for $2.4 million

A mixed-use, 9,560-square-foot property in Manasquan has traded for $2.4 million, Marcus & Millichap said Tuesday.