Deals

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

Retail
Van Leeuwen Ice Cream takes 1,500 sq. ft. in Jersey City for second New Jersey shop

Van Leeuwen Ice Cream will open its second brick-and-mortar location in New Jersey after leasing nearly 1,500 square feet in Jersey City, brokers involved with the deal announced.

Industrial
Seagis acquires vacant 30,000 sq. ft. warehouse in Carlstadt

Seagis Property Group has acquired more than 30,000 square feet of warehouse space in Carlstadt that it now plans to upgrade and market for lease, the firm announced.

Retail
Deals by ShopRite Liquors, dentist among new RIPCO-brokered leases in Lodi

ShopRite Liquors has leased 5,000 square feet in downtown Lodi, in one of three newly announced deals in the borough by RIPCO Real Estate.

Residential & Mixed Use
CBRE: First piece of NRIA portfolio trades as Hoboken development site fetches $8.5 million

A private investor has acquired a multifamily development site in Hoboken, marking the first trade involving the portfolio of the disgraced firm National Realty Investment Advisors LLC.

Industrial
Endurance, PCCP sell 342,000 sq. ft. light industrial portfolio in Burlington, Gloucester counties

A joint venture has sold more than 340,000 square feet of industrial space in Delran and Swedesboro after having acquired the buildings at the start of the COVID-19 crisis.

Retail
Aldo, Dream Pairs join lineup at Urban Edge Properties’ Bergen Town Center

Urban Edge Properties has added two footwear retailers to its tenant mix at Bergen Town Center, its 1 million-square-foot mall property just south of Route 4.

Retail
LMC: Nothing Bundt Cakes takes 2,500 sq. ft. at Howell shopping center

The nation’s largest specialty cake company is coming to Howell after leasing space at a Route 9 shopping center, in a newly announced deal by Levin Management Corp.

Health Care & Education
Renewals at Belleville medical office campus among newest deals by NAI James. E Hanson

The owner of a medical office complex in Belleville has completed two lease renewals totaling more than 5,000 square feet, according to a team with NAI James. E Hanson.

Retail
Macy’s to bring new small-format stores to grocery-anchored centers in Mount Laurel, Ramsey

Macy’s is bringing its highly touted small-format stores to Mount Laurel and Ramsey, marking two of the first New Jersey locations for the concept under a recently announced expansion.

Residential & Mixed Use
Kislak: Three-building, 95-unit garden apartment complex in Belleville fetches $12 million

The longtime owner of a 95-unit garden apartment complex in Belleville has sold the property for nearly $12 million, in a newly announced deal by The Kislak Co. Inc.