Deals

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

Residential & Mixed Use
Cervelli: Six-unit Jersey City building with apartments, commercial space fetches $850,000

A private investor has acquired a mixed-use property in Jersey City for $850,000, in a newly announced deal by Cervelli Real Estate & Property Management.

Health Care & Education
Florham Realty: Medical device firm takes 2,400 sq. ft. for new facility in Mount Arlington

A medical equipment company has opened a new location in Mount Arlington after a recent lease for 2,400 square feet, brokers with Florham Realty Management LLC announced.

Government & Public Policy
Cherry Hill farm parcel sold as open space for $3.9 million, Rose Commercial says

The township of Cherry Hill has acquired a 26-acre tract in the municipality for nearly $3.9 million, in a deal arranged by Rose Commercial Real Estate.

Office
Fennelly: Three tenants combine for 7,100 sq. ft. in new deals at Hamilton office building

The owner of a 33,000-square-foot office building in Hamilton has welcomed three new tenants after a series of leases arranged by Fennelly Associates.

Retail
TFE, Pierson tout debut of Starbucks in Monroe, a first for Middlesex County township

Monroe Township has welcomed its first Starbucks with the opening of a new drive-thru location late last year, according to the property’s landlord and its brokerage team.

Deals
Lee & Associates inks sale of historic church building, longtime Masonic Lodge in Madison

A historic building in downtown Madison is slated to become a new community space after changing hands for $1.1 million, in a deal arranged by Lee & Associates New Jersey.

Industrial
Roca Tile moving to Edison under 80,000 sq. ft. lease with Wick Cos., CBRE says

A designer tile company has leased more than 80,000 square feet at an Edison industrial building, in a newly announced transaction by CBRE.

Retail
JLL: Food tech startup Wonder among five retail users at new mixed-use project in Cresskill

Five retail tenants are coming to a new mixed-use property in Bergen County after a series of leases totaling more than 10,000 square feet, brokers with JLL announced Tuesday.

Office
Ridgefield office building changes hands in Cervelli-brokered deal

An end user has purchased a 4,500-square-foot office building in Ridgefield, according to a team with Cervelli Real Estate & Property Management.

Industrial
C&W: Developers buy Hamilton parcel slated for 420,000 sq. ft. industrial project

A joint venture has purchased more than 48 acres in Hamilton with approvals to build a new 420,000-square-foot industrial facility, brokers with Cushman & Wakefield announced.