Deals

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

Retail
Debt fund sells 62,000 sq. ft. retail portfolio, land parcel in Voorhees for $13 million

A debt fund has sold three retail properties and an undeveloped land parcel in Voorhees for a combined $13 million, in a newly announced deal by CBRE.

Industrial
BRC: Tire business inks full-building, 7,500 sq. ft. lease in Roselle

A tire recycling business has leased 7,500 square feet of industrial space in Roselle, in a newly announced deal by Bussel Realty Corp.

Residential & Mixed Use
JLL: Inspired completes $15 million land deal for 155-unit condo project in Asbury Park

Inspired by Somerset Development has closed on its purchase of a parcel in Asbury Park where it plans to build 155 high-end condominiums and retail space, brokers with JLL announced.

Retail
LMC: Teriyaki restaurant adds second location, takes 2,000 sq. ft. in Jersey City

Quick-service restaurant Sakura Teriyaki has leased nearly 2,000 square feet at Twin City Shopping Center in Jersey City, in a newly announced deal by Levin Management Corp.

Office
Adult daycare facility coming to 67,000 sq. ft. Leonia office building

An office building in Bergen County is finding new life under a plan to renovate and repurpose it as an adult daycare facility.

Industrial
BLP inks 87,000 sq. ft. in renewals in Hasbrouck Heights, NAI Hanson says

Two tenants at a Hasbrouck Heights industrial building have signed lease renewals totaling more than 87,000 square feet, according to brokers with NAI James E. Hanson.

Retail
Barnes & Noble relocates in Paramus, takes 35,000 sq. ft. in deal arranged by Goldstein Group

Barnes & Noble has found a new home for its Paramus store after leasing 35,000 square feet on Route 17, in a newly announced deal by The Goldstein Group.

Health Care & Education
Health care users combine for 9,800 sq. ft. in new Fennelly deals in Mercer County

An ear, nose and throat practice is expanding in the region after taking space at Robbinsville’s Washington Town Center, in one of three newly announced deals by Fennelly Associates.

Residential & Mixed Use
Developer buys site of 70-unit Bayonne rental project mid-construction, CBRE says

A private developer has purchased the site of a 70-unit multifamily project that is now under construction in Bayonne, in a newly announced deal by CBRE.

Finance & Capital Markets
JLL: Organic food maker snags $23 million loan to acquire 209,000 sq. ft. facility in Logan

A food manufacturer has landed a $23 million acquisition loan for a nearly 210,000-square-foot warehouse and distribution center in Logan Township, brokers with JLL said Thursday.