Deals

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

Somerset, Monmouth county shopping centers fully leased after LMC-brokered deals

A furniture store has taken nearly 5,800 square feet at a neighborhood shopping center in Franklin Township, in one of two newly announced leases by Levin Management Corp.

New 38-unit rental building in Journal Square fetches $13.7 million, Matthews says

An investor has acquired a newly completed, 38-unit apartment building in Jersey City’s Journal Square section, in a deal arranged by Matthews Real Estate Investment Services.

Music academy inks 7,000 sq. ft. renewal at West Windsor office building, Fennelly says

A music school that occupies more than 7,000 square feet of office space in West Windsor has renewed its lease, in a newly announced deal by Fennelly Associates.

SpringHill Suites by Marriott property changes hands in Voorhees, JLL says

A private operator has sold a SpringHill Suites by Marriott property in suburban Camden County, according to a brokerage team with JLL.

NAI Hanson inks sale of 8,000 sq. ft. Succasunna office building

An investor has acquired a fully leased, 8,000-square-foot office building in the Succasunna section of Roxbury, in a newly announced deal by NAI James E. Hanson.

Developer sells 19-unit Wood-Ridge apartment building after 47 years, Hudson Atlantic says

The developer of a 19-unit apartment building in Wood-Ridge has sold the property after more than 45 years, brokers with Hudson Atlantic Realty announced.

Sanzari, dental imaging equipment maker ink 16,000 sq. ft. lease at Glenpointe

A dental imaging company has leased more than 16,000 square feet of office space at Glenpointe, Alfred Sanzari Enterprises’ flagship business campus in Teaneck.

Jefferson Health sells 27,000 sq. ft. Voorhees office building, WCRE says

Hospital chain Jefferson Health has sold a vacant 27,000-square-foot office building in Voorhees, in a deal arranged by Wolf Commercial Real Estate.

Shoppes at Flemington trades for $6.25 million, Marcus & Millichap says

An investor has purchased a nearly 131,000-square-foot retail center in Flemington for $6.25 million, in a newly announced deal by Marcus & Millichap.

Denholtz enters Texas market, acquires new 213,000 sq. ft. industrial campus

Denholtz Properties has added to its portfolio outside New Jersey with more than 213,000 square feet of newly built industrial space near Austin, Texas.