Deals

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

Health Care & Education
Lee & Associates: Bridgewater medical office, surgery center asset fetches $10.5 million

A local operator has acquired a medical office and surgery center property in Bridgewater for $10.5 million, brokers with Lee & Associates New Jersey announced Wednesday.

Retail
Mexican eatery takes 900 sq. ft. at Pine Brook Plaza in Montville, Azarian says

A new Mexican restaurant has come to Montville after leasing space at a Route 46 shopping center, in a newly announced transaction by Azarian Realty Co.

Health Care & Education
NAI Hanson: Three tenants combine for 9,400 sq. ft. at Kearny medical office building

A medical office building in Kearny has welcomed three new tenants after a set of leases totaling more than 9,400 square feet, brokers with NAI James E. Hanson announced Tuesday.

Retail
Urban Edge leases 27,000 sq. ft. to Lidl for new store at Totowa power center

A new Lidl store is coming to Passaic County after leasing more than 27,000 square feet at Urban Edge Properties’ Totowa Commons complex on Route 46.

Top News
Larken Associates touts 943,000 sq. ft. in new commercial leases, renewals in 2023

Larken Associates has started 2024 with near full occupancy after a year in which it completed more than 420 commercial real estate transactions comprising nearly 943,000 square feet.

Office
JLL: Dodge Foundation takes 9,200 sq. ft. at Fidelco’s new-look 550 Broad in Newark

The nonprofit Geraldine R. Dodge Foundation has leased nearly 9,200 square feet at a well-known office building in downtown Newark, in a newly announced deal by JLL.

Retail
LMC inks 1,300 sq. ft. deal to bring martial arts studio to Long Island shopping center

A martial arts studio has leased more than 1,300 square feet at a shopping center in New York’s Suffolk County, in a deal arranged by Levin Management Corp.

Office
Newmark: Woodbridge office park thriving with 143,000 sq. ft. in leasing since late 2022

A private equity firm is reaping the benefits of upgrading a Woodbridge office campus, where it has secured more than 140,000 square feet of leasing activity since late 2022.

Office
Law firm buys 6,000 sq. ft. office building in downtown Montclair, NAI Hanson says

A law practice has acquired a newly renovated, 6,000-square-foot office building in downtown Montclair, in a newly announced deal by NAI James E. Hanson.

Deals
Investor acquires 321-unit affordable housing tower in Camden, eyes $104 million rehab plan

Hudson Valley Property Group is planning a major preservation and rehabilitation of Northgate Apartments at 433 North 7th St. in Camden, with plans calling for site infrastructure upgrades, mechanical system replacements and many in-unit bathroom, kitchen and apartment safety improvements.…