Deals

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

Office
Iron Ore, investors buy well-known 101,000 sq. ft. office building in West Orange

A group led by Iron Ore Properties LLC has purchased a 101,000-square-foot office building in West Orange, marking the first sale of the asset in more than 50 years.

Office
Cherry Hill office campus adds childcare provider, with new construction on the horizon

A childcare provider is coming to a three-building, 153,000-square-foot office campus in Cherry Hill as part of a project that will add more than 15,000 square feet to the property.

Office
Dental practice acquires 6,000 sq. ft. medical office building in Teaneck, NAI Hanson says

A specialty medical group has sold a 6,000-square-foot office building in downtown Teaneck, brokers with NAI James E. Hanson announced Tuesday.

Residential & Mixed Use
Hudson Atlantic: Pennsylvania rental building fetches $6 million, in first trade in 40 years

The longtime owner of a 57-unit apartment building in southeast Pennsylvania has sold the property for $6 million, in a newly announced deal by Hudson Atlantic Realty.

Retail
Net-leased Vitamin Shoppe property on Route 22 trades for $3.5 million, Marcus says

An investor has acquired the site of a nearly 4,900-square-foot retail building on Route 22 in Union Township, in a newly announced deal by Marcus & Millichap.

Retail
Goldstein Group: Hounds Town franchisee buys Hawthorne site for new pet daycare center

A new pet daycare location has come to Hawthorne after a franchisee’s acquisition of a 6,000-square-foot building in the borough, brokers with The Goldstein Group announced.

Health Care & Education
Center for Vein Restoration takes 3,100 sq. ft. at Larken’s Montgomery Professional Center

A vein center has leased nearly 3,100 square feet for a new location at Larken Associates’ six-building professional and medical office campus off Route 206 in Montgomery.

Residential & Mixed Use
Tay acquires 200-unit development site on Jersey City’s West Side, IPRG says

Tay Investments has acquired a development site on Jersey City’s West Side, paving the way for a project that would bring another 200 apartments to the fast-growing neighborhood.

Retail
Marcus: Net-leased Wawa convenience store, gas station in Lakehurst trades for $6.5 million

A private investor has acquired a newly built, net-leased Wawa property in Lakehurst for $6.5 million, brokers with Marcus & Millichap announced Wednesday.  

Industrial
JLL inks sale of new 104,000 sq. ft. Long Island industrial building

A developer has sold a nearly 104,000-square-foot industrial building in New York’s Suffolk County, in a deal arranged by JLL’s Morristown-based capital markets team.