Deals

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

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.

Retail
NAIDB inks 3,000 sq. ft. retail lease, $3.4 million industrial sale in Kenilworth

A dance studio has signed a new lease and an industrial building has changed hands, both in Kenilworth, under a set of deals arranged by NAI DiLeo-Bram & Co.

Retail
JLL: Phenix Salon Suites adds three locations in New York metro, including East Brunswick

Phenix Salon Suites has added a 9,000-square-foot location at an East Brunswick shopping center, in one of three newly announced deals by JLL.

Industrial
Joint venture acquires 10-acre industrial outdoor storage property in Sayreville

Brennan Investment Group, Global Gate Capital and Ridgecut Road have acquired a 10-acre industrial outdoor storage property in Sayreville, the joint venture announced Monday.