Deals

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

Retail
Retail, apartment building in downtown Summit trades for $2.9 million

A retail and apartment property in downtown Summit has changed hands for nearly $2.9 million, brokers with Cushman & Wakefield announced Tuesday.

Health Care & Education
Life sciences firm moving to Jersey City from Brooklyn, inking lease at Thor’s 95 Greene

Another life sciences company is headed to Jersey City from Brooklyn under a newly completed lease with Thor Equities Group, in a deal arranged by brokers with JLL.

Retail
Marcus: Site of Hillsborough preschool, daycare center fetches $3.6 million

A private investor has purchased the site of a preschool and daycare center in Hillsborough for nearly $3.6 million, brokers with Marcus & Millichap announced last week.

Industrial
Dalfen Industrial buys newly built, 470,000 sq. ft. warehouse in western Morris County

Dallas-based Dalfen Industrial has made its third deal in New Jersey in roughly six months, acquiring more than 470,000 square feet of newly built logistics space in Morris County.

Retail
Dollar Tree signs anchor lease at Berlin shopping center, Vantage Commercial says

A new Dollar Tree will open in Camden County after signing on as the anchor tenant at what’s known as the Bloom Circle Shopping Center, brokers with Vantage Commercial announced.

Retail
Boniakowski closes sale of ex-Boston Market property in Morris County

The site of a shuttered Boston Market store in Roxbury has changed hands for an undisclosed price, in a newly announced deal by The Boniakowski Commercial Real Estate Group.

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.